Eversheds Sutherland Advises Rheem on Acquisition of Nortek Global HVAC
October 15, 2024
Eversheds Sutherland is pleased to announce that it advised Rheem Manufacturing on its completed acquisition of Nortek Global HVAC (NGH) from Madison Industries.
NGH, founded in 1919, is a leading manufacturer of heating and cooling products serving the residential and manufactured housing markets. With this acquisition, NGH is now part of Rheem’s Global Air Division.
“Like Rheem, NGH has a people-first culture, a true commitment to its customers, and a long history of delivering market leading innovations,” said Mike Branson, President, Global Air at Rheem. “We’re confident that NGH will make a significant contribution to our expanding Air and Water businesses.”
Headquartered in O’Fallon, Missouri, NGH also operates a manufacturing facility in Saltillo, Mexico, and a distribution center in Poplar Bluff, Missouri.
Read Rheem’s press release.
Eversheds Sutherland Partners Bob Pile (Corporate) and Craig Alcorn (Corporate) led the Eversheds Sutherland deal team, which included support from partners Robert Chase (Tax), Michael Hepburn (Benefits), Hill Jeffries (Corporate), Rachel Reid (Corporate), Joshua Shapiro (Antitrust) and Jeremy Spier (Intellectual Property), and associates Adam Byrne (Corporate), Luke Habeeb (Benefits), Jazmen Howard (Corporate), Haley Klass (Corporate) and Jennifer Sandlin (Intellectual Property).
“Like Rheem, NGH has a people-first culture, a true commitment to its customers, and a long history of delivering market leading innovations,” said Mike Branson, President, Global Air at Rheem. “We’re confident that NGH will make a significant contribution to our expanding Air and Water businesses.”
Headquartered in O’Fallon, Missouri, NGH also operates a manufacturing facility in Saltillo, Mexico, and a distribution center in Poplar Bluff, Missouri.
Read Rheem’s press release.
Eversheds Sutherland Partners Bob Pile (Corporate) and Craig Alcorn (Corporate) led the Eversheds Sutherland deal team, which included support from partners Robert Chase (Tax), Michael Hepburn (Benefits), Hill Jeffries (Corporate), Rachel Reid (Corporate), Joshua Shapiro (Antitrust) and Jeremy Spier (Intellectual Property), and associates Adam Byrne (Corporate), Luke Habeeb (Benefits), Jazmen Howard (Corporate), Haley Klass (Corporate) and Jennifer Sandlin (Intellectual Property).
Key contacts
Robert J. Pile
Partner
Atlanta, United States
Craig T. Alcorn
Partner
Chicago, United States
Robert S. Chase II
Partner
Washington, DC, United States
Michael A. Hepburn
Partner
Washington, DC, United States
M. Hill Jeffries
Partner
Atlanta, United States
Rachel M. Reid
Partner
Atlanta, United States
Joshua L. Shapiro
Partner
Washington, DC, United States
Jeremy D. Spier
Partner
Atlanta, United States
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