Global law firm Baker McKenzie has advised Friedrich Air Conditioning, a Monomoy Capital Partners portfolio company, on its sale to Rheem, a global manufacturer of HVAC equipment, water heaters, boilers and commercial refrigeration solutions.
Founded in 1883, Friedrich manufactures room air conditioning, dehumidification and air purification products for residential and commercial applications. Friedrich is among industry leaders in high-end air conditioning solutions for single-room use in lodging, commercial and multi-family sectors. The company is based in San Antonio, Texas with manufacturing operations in Monterrey, Mexico and distribution centers in Texas and New Jersey.
The Baker McKenzie team advising Friedrich was led by Transactional Partners Darcy Down and J. Brook Mestre, supported by associates William Morici, Harrison Morris, and Tariq Akeel. The team further included attorneys from various practices and offices, among them: Garry Jaunal and Nasri Ashkar (Debt Financing); John Fedele and Dukki Moon (Antitrust); Patricia McDonald and Kai Kramer (Tax); Chris Guldberg (Compensation and Benefits); Elizabeth Ebersole (Labor and Employment); John Watson and Jessica Wicha (Environmental); Erin Maus (Litigation); Heiko Burrow (Intellectual Property); Brian Zurawski and Sarah Swain (Real Estate); Allison Stafford-Powell (Compliance); Erik Gutierrez-Zuniga, Adriana Ibarra-Fernandez, Javiera Medina-Reza, Liliana Hernandez-Salgado (Mexico Team).
Baker McKenzie is a transactional powerhouse with over 2,500 deal lawyers and expertise in over 46 countries. We excel in cross-border deals – over 60% of our deals are multi-jurisdictional. We are global and local, combining money-market sophistication with local excellence.
For more information about this transaction, please see Monomoy's press release.