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CSW Industrials completed the merger with TRUaire in a $360m deal.

Synopsis

CSW Industrials, a diversified industrial growth company, completed the merger with TRUaire, a supplier of passive air handling solutions for residential and commercial applications, in a $360m deal. "We are pleased to complete the TRUaire acquisition and to welcome approximately 1.6k new colleagues to CSW Industrials. TRUaire allows us to expand our existing HVAC/R platform with a compelling portfolio of best-in-class products, while leveraging our existing distribution channels to better serve our customers. This acquisition will enable us to continue to drive sustainable, profitable growth, while delivering value to all of CSWI’s shareholders," Joseph B. Armes, CSW Industrials Chairman, President and CEO.

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