Rinnai acquires Specialized Engineering
Rinnai Australia has acquired Perth-based Specialized Engineering, a manufacturer of commercial and industrial air conditioning products. These include rooftop packaged systems, large capacity ducted split systems, vertical packages and split units, as well as other customised products and spare parts.
The acquisition, which had backing from Rinnai Japan, complements and expands Rinnai’s HVAC offering, extending the range up to large commercial packaged and split products over 160kW in capacity. This will effectively cover the construction industry, the retail and specialist markets, as well as the aftermarket sectors.
Specialized Engineering director and founder Chris Miller has joined the Rinnai executive and will facilitate the smooth transition to Rinnai ownership. He will also manage the Commercial HVAC growth and expansion plans going forward, and said the acquisition is an exciting next step for the brand.
“When founding Specialized Engineering in 2008 our aim was very simple – break boundaries and set new standards in product and service excellence. We are building a reputation that attracts customers across all sectors, providing a high quality, reliable and versatile range of climate control systems. This is an exciting next step for the brand, which I am sure will now flourish as part of Rinnai’s mainstream commercial HVAC offering,” said Chris.
Rinnai managing director Greg Ellis also welcomed the acquisition.
“We look forward to further building Rinnai’s offer for the Australian and international commercial HVAC markets. Our aim is to foster and leverage Specialized Engineering’s outstanding product range and highly specialised capabilities, in concert with Rinnai’s global footprint,” said Greg.