Rheem, a leading manufacturer of HVAC and water heating products, has announced its intent to acquire Nortek Global HVAC (NGH). This strategic acquisition will strengthen Rheem’s position in the HVAC market and expand its product offerings.

NGH, based in O’Fallon, Missouri, is a well-known manufacturer of air conditioning products with a strong track record of innovation. Rheem recognizes NGH’s expertise and market leadership and believes that combining forces will create a powerful partnership.

Upon completion of the acquisition, NGH will join Rheem’s Global Air division. This integration will bring together two industry leaders, leveraging their respective strengths to deliver even more innovative and comprehensive HVAC solutions to customers.

Rheem’s acquisition of NGH aligns with its ongoing commitment to providing sustainable and efficient products. By combining the resources and expertise of both companies, Rheem can offer a wider range of HVAC solutions to meet the diverse needs of customers.

The acquisition is subject to customary closing conditions, including regulatory approvals. Once completed, Rheem will be well-positioned to further strengthen its position in the HVAC market and continue to drive innovation in the industry.