Announced
Completed
Financials
Sources
Tags
HVAC services
Building Materials: Other
Acquisition
Majority
Completed
building materials
Single Bidder
United States
sheet metal forming
Private
flexible duct
Domestic
Friendly
Synopsis
NSI Industries, an electrical product solutions provider, completed the acquisition of Duro Dyne, a sheet metal accessories and equipment for the HVAC industry manufacturer. Financial terms were not disclosed. "Duro Dyne has built a tremendous reputation with its customers over the years as not only providing first in class products, but also as being the easiest company to work with in the market. With these attributes, Duro Dyne aligns itself naturally with the qualities with which NSI also pride itself. We welcome the Duro Dyne team to the NSI family and look forward to increasing Duro Dyne’s HVAC/R market share with the added strengths NSI has to offer," G. R. Schrotenboer, NSI Industries CEO.
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