M&A Deal Summary

AAON Acquires Air Wise

On May 5, 2004, AAON acquired machinery company Air Wise

Acquisition Highlights
  • This is AAON’s 1st transaction in the Machinery sector.
  • This is AAON’s 1st transaction in Canada.
  • This is AAON’s 1st transaction in Ontario.

M&A Deal Summary

Date 2004-05-05
Target Air Wise
Sector Machinery
Buyer(s) AAON
Deal Type Add-on Acquisition

Target

Air Wise

Mississauga, Ontario, Canada
Air Wise, Inc. is engaged in the engineering, manufacturing and sale of custom air-handling units, makeup air units and packaged rooftop units for commercial and industrial buildings. Air Wise is based in Mississauga, Ontario.

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Buyer(S) 1

Buyer

AAON

Tulsa, Oklahoma, United States

Category Company
Founded 1987
Sector Machinery
Employees3,856
Revenue 1.2B USD (2023)
DESCRIPTION
AAON's corporate headquarters in Tulsa, Oklahoma.
AAON's corporate headquarters in Tulsa, Oklahoma.

AAON is a manufacturer of air conditioning and heating equipment consisting of rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, self-contained units and coils. AAON was founded in 1987 and is headquartered in Tulsa, Oklahoma.


DEAL STATS #
Overall 1 of 3
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2004) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-28 WattMaster Controls

Parkville, Missouri, United States

WattMaster Controls, Inc. is a manufacturer of building automation controls and systems that develops HVAC, lighting and fire detection products. WattMaster Controls, Inc. was established in 1977 and is based in Parkville, Missouri.

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