- “This acquisition is in line with our growth strategy and will allow us to accelerate the growth in these key HVAC markets,” said Liz Haggerty.
March 13, 2017 — Johnson Controls reported today it has acquired M&A Supply Co. Inc.’s five YORK® branches in the southeast markets of South Carolina, Georgia and Florida. The branches will become part of the Source 1™ HVAC Supply network which is the Unitary Products Group Factory Direct distribution organization.
“This acquisition is in line with our growth strategy and will allow us to accelerate the growth in these key HVAC markets,” said Liz Haggerty, vice president and general manager, Unitary Products Group, Johnson Controls. “It will also allow M&A to focus on its core markets of Tennessee and Alabama and continue to grow the YORK® brand by expanding its network in those markets.”
There are 16 remaining M&A branches, serving Alabama, Arkansas, Tennessee and Texas.
Source 1™ is the YORK® distributor of factory authorized service parts and residential accessories for all Johnson Controls Unitary Products residential and light commercial HVAC equipment in other key markets in the U.S.
“This is an exciting time for us as we continue to invest in new products and ensure that we have the strongest channels to drive market share growth,” said Dave Smithey, vice president and general manager of Source1 HVAC Supply Centers, Unitary Products Group, Johnson Controls.
Johnson Controls sources said JCI is committed to making this transition as seamless as possible for its valued customers in the market and is excited to welcome the M&A Supply Co. Inc. employees to the Johnson Controls family.