Rinnai Australia has acquired Specialized Engineering (SE), a Perth-based manufacturer of commercial and industrial air conditioning products.
SE manufactures a range of rooftop packaged systems, large capacity ducted split systems, vertical packages and split units as well as other customised products and spare parts.
The acquisition, backed by Rinnai Japan, will see Rinnai Australia supplying a fuller range of heating and cooling products.
Starting from a small residential panel heater of just 1kW, the range now extends up to large commercial packaged and split products over 160kW in capacity, effectively covering the construction industry, the retail and specialist markets, as well as aftermarket sectors.
SE hopes to become a major player in the broader HVAC market as a result of its acquisition by Rinnai, which has operations in almost 20 countries.
Rinnai’s SE acquisition follows a recent pattern of growth including acquisitions of the Brivis Climate Systems and APAC brands in 2015.