Texas-based InterCool USA LLC has acquired the industrial refrigeration division of Freije-RSC in Fishers. Financial terms of the deal were not disclosed, however InterCool says the deal will "significantly expand the presence of both companies nationwide."
InterCool says the Freije-RSC industrial refrigeration division will maintain its name and continue to operate out of its current offices in Indiana and Ohio. The division’s existing leadership team will also remain in place.
"InterCool is thrilled to have Freije-RSC as a part of our team," said Brandon Annett, chief executive officer of InterCool USA. "President Michael Webster has done an exceptional job of creating a best-in-class industrial refrigeration division at Freije-RSC. By combining the talent and resources of the two organizations, we are creating tremendous growth opportunities for our employees and our customers."
The acquisition does not include the mechanical and plumbing service and construction divisions of Freije-RSC. The company plans to increase its focus and investments in those divisions and Webster says the company will rebrand itself as Freije Engineered Solutions Co. in the near future.