Acquisition of Heating & Cooling Products by Smiths Group

Deal typeTransaction Services
IndustryManufacturing
Sub-industryBuilding products
Client nameFlex-Tek Group US LLC

BDO has provided financial due diligence on Heating & Cooling Products Limited in connection with its acquisition by Smiths Group.

Smiths Group plc is a UK headquartered, multinational engineering business, and is a FTSE 100 company.

Heating & Cooling Products is a US manufacturer of Heating, Ventilation & Air Conditioning products and solutions, based in Ohio.

The acquisition of Heating & Cooling Products will further expand Smiths Group's presence in the North American HVAC market, enabling Smiths to serve customers with an even broader product range.