Aggreko completed the acquisition of Resolute Industrial from AE Industrial Partners for $440m.

Aggreko, a global supplier of mobile and modular power, temperature control equipment and energy services, completed the acquisition of Resolute Industrial, a provider of specialised heating, ventilation and cooling solutions in North America, from AE Industrial Partners, a private equity firm, for $440m. "We are delighted to announce the acquisition of Resolute Industrial, a high-quality business specialising in HVAC solutions in North America, a key target market, and are excited by the additional growth opportunities that the acquisition brings to the group," Mike Smith, Aggreko Chairman.