Trane Technologies agrees to acquire Cancoil Thermal Corporation
Cancoil, founded in 1983, makes heat-transfer products and is headquartered in Ontario, Canada.
GetSignal Trane Technologies plc TT
Trane Technologies said on October 21, 2026 that it has entered into a definitive agreement to acquire Cancoil Thermal Corporation, a manufacturer of heat-transfer products.
Cancoil was founded in 1983 by Chander and Anju Datta and is headquartered in Ontario, Canada. Trane Technologies said Cancoil is known for its engineering expertise, customer-focused approach and ability to design and manufacture products tailored to customer needs.
Key facts
- Announced
- October 21, 2026
- Target
- Cancoil Thermal Corporation
- Headquarters
- Ontario, Canada
- Founded
- 1983
Source: The company's release on Business Wire, October 21, 2026.
Written by GetSignal with AI from the company's press release.
Not investment advice.
