How many acquisitions has Trane Technologies made so far?

Trane Technologies has completed 12 acquisitions so far, with an average acquisition amount of $250M.

Which countries does Trane Technologies usually acquire in?

Trane Technologies has made acquisitions in 3 countries with the most activity in United States and Germany.

Which is Trane Technologies' latest acquisition?

Trane Technologies's most recent acquisition is Transport Kalte Vertrieb, acquired in June 2026.

List of 12 Acquisitions by Trane Technologies (Jul 2026)

Trane Technologies has made a total of 12 acquisitions. It has completed 12 acquisitions across 9 sectors, including Energy Efficiency Tech, Data Center Infrastructure, and Facility Management Tech, while expanding into United States, Germany, and Italy. Peak activity occurred in 2026 with 4 acquisitions, 2023 with 3 acquisitions, and 2024 with 2 acquisitions. Between 2020 and 2025, the firm maintained an average of 1.6 acquisitions per year and completed 4 acquisitions during the current calendar year. Its most recent acquisition was Transport Kalte Vertrieb in June 2026.

Here's the year on year acquisition history of Trane Technologies:

Number of Total Acquisitions

Year	# Acquisitions
2026	4
2024	2
2023	3
2022	2
2021	1

View all Acquisitions by Trane Technologies

Recent acquisitions by Trane Technologies

Here is the list of all acquisitions by Trane Technologies sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Jun 18, 2026	Transport Kalte Vertrieb	wjef	ably	80	926
Jun 18, 2026	Transport-Kalte-Vertrieb	bbyi	ocnq	60	465
Feb 10, 2026	LiquidStack	irhj	slly	47	534
Feb 05, 2026	XYZ Company	qkhg	aflz	18	472
Aug 07, 2024	Klinge Temperature Control	azcg	soyc	46	799