Rinnai America announced the acquisition of Industrias MASS, a leader in the commercial water heater market in Mexico. This acquisition marks the first by Rinnai America Corporation and follows the launch of its Strategic Business Initiative announced earlier this year, meant to accelerate the company’s presence via acquisitions and partnerships.
Franklin Electric announced it has acquired New Aqua and its wholly owned subsidiaries, headquartered in Indianapolis, Indiana in an all-cash transaction valued at $150 million, subject to customary adjustments.
The acquisition of Slant/Fin baseboard assets brings together a major business component of two family-run companies who have always focused on consistently manufacturing and delivering superior quality, solutions-based hydronic heating equipment to residential and commercial customers across North America.
The acquisition positions Autodesk as a technology leader in end-to-end water infrastructure solutions from design to operations, accelerates Autodesk’s digital twin strategy, and creates a clearer path to a more sustainable and digitized water industry.
The Detection Group (TDG), with headquarters in Sunnyvale, California, currently protects over 50 million square feet of floor space in well over 400 commercial buildings across the United States.
