Announced
Completed
Synopsis
Watsco, a distribution network for heating, air conditioning and refrigeration products, completed the acquisition of Acme Refrigeration, a distributor of air conditioning, heating and refrigeration products based in Baton Rouge, Louisiana. Financial terms were not disclosed. "Acme has long been an admired company within its markets with a loyal customer following. Consistent with our buy-and-build acquisition strategy, Acme will operate under its existing name and under the direction of its current leadership team to provide continuity to customers, employees and OEM partners. We look forward to providing the resources, capital and technology needed to assist in achieving their growth plans," Albert H. Nahmad, Watsco Chairman and CEO.
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