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Article Date: 1st October 2013

Airedale International - Modine Pursues Acquisition of Barkell

Air Conditioning - Air Handling - IT Cooling - Cooling Systems

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Airedale International’s parent company, Modine Manufacturing, has entered into exclusive negotiations to acquire Consett-based Barkell Limited, the UK market-leading manufacturer of custom-built air handling units.

The deal, which is expected to close during the first quarter of 2014 subject to successful completion of due diligence, will allow Airedale to extend its status as a worldleader in the design and manufacture of innovative, high efficiency cooling solutions to include a range of adiabatic cooling systems for the HVAC and data centre markets.

“Everyone at Modine is excited about the opportunities Barkell and Airedale can bring to each other,” said Clive Parkman, Airedale’s Managing Director. “We have been working together for a number of years and are pleased we are moving forward with this next step. With a focus on the air handling market, Barkell offers Airedale an excellent opportunity to expand both our product and service solutions to new and current customers.”

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