Trane Acquires Arctic Chiller Group, a Manufacturer of Premier Efficiency Cooling Solutions
Trane®, a leading global provider of indoor comfort systems and services and a business of Ingersoll Rand, announced that it has acquired Arctic Chiller Group, a Canadian-based HVAC manufacturer, specializing in high efficiency air- and water-cooled, modular and process chillers for commercial HVAC and process cooling applications.
“We are pleased to incorporate Arctic Chiller Group solutions into our leading portfolio of energy efficient systems and services,” said Donny Simmons, president of the Commercial HVAC business of Ingersoll Rand. “Arctic is a great brand with great people and high quality products that serve a growing market. With Arctic, we now offer customers even more choices for reducing energy and operating costs. We look forward to the growth potential we have together.”
“Arctic Chiller Group is proud to join Trane,” said Angelo Troiano, president and chief executive officer of Arctic Chiller Group. “I know Arctic will continue to reach new heights as part of a leading global company. With the support and investments from Trane, Arctic can expand the availability and distribution of our products, and better serve new and existing customers with our highly energy efficient solutions.”
Facilities worldwide rely on Arctic Chiller Group products and services, including several prominent U.S. government facilities, and mission-critical sites including hospitals, military bases, major research hubs and data centers, and city water filtration systems.
Arctic Chiller Group operates from locations in Ontario, Canada, and Newberry, S.C. The Arctic Chiller Group acquisition is consistent with Trane’s focus on energy efficiency and sustainability. The value of this acquisition was not disclosed or material.
About Ingersoll Rand
Ingersoll Rand (NYSE:IR) advances the quality of life by creating comfortable, sustainable and efficient environments. Our people and our family of brands— including Club Car®, Ingersoll Rand®, Thermo King® and Trane® —work together to enhance the quality and comfort of air in homes and buildings; transport and protect food and perishables; and increase industrial productivity and efficiency. We are a global business committed to a world of sustainable progress and enduring results. For more information, visit www.ingersollrand.com.