Announced
Synopsis
Trane Technologies, a provider of HVAC and refrigeration systems, agreed to acquire digital business of Stellar Energy, a provider of clean energy and sustainable cooling solutions. Financial terms are not disclosed. The acquisition further bolsters Trane Technologies’ leadership and capabilities in the high growth data center thermal management solutions market and creates opportunities to grow and scale the Stellar Energy business and leverage their expertise in modular design, engineering and assembly across numerous core commercial verticals.
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