VAST Industrial Corp., a Canadian holding company with a strong presence in the manufacturing sector, has acquired The Whalen Company, a North American leader in high-rise HVAC solutions. This move has significant implications for the Greater Toronto Area (GTA) real estate market, particularly in the high-rise residential sector. With VAST’s existing ownership of Unilux HVAC Industries Inc., a major player in the GTA’s in-suite HVAC market, this acquisition creates a powerhouse in the North American HVAC industry.
The acquisition promises increased innovation and market expansion, potentially leading to enhanced HVAC solutions for new and existing high-rise developments in Toronto. Unilux’s success in the GTA market, including its pioneering vertical stack unit with integrated ERV/HRV, highlights VAST’s commitment to innovation. This acquisition could mean more efficient and sustainable HVAC systems for GTA condos and apartments.
To learn more about VAST Industrial Corp.’s acquisition of The Whalen Company, visit [https://urbantoronto.ca/news/2025/12/vast-industrial-corp-announces-acquisition-whalen-company.60005](https://urbantoronto.ca/news/2025/12/vast-industrial-corp-announces-acquisition-whalen-company.60005).
Read the original story here: https://urbantoronto.ca/news/2025/12/vast-industrial-corp-announces-acquisition-whalen-company.60005
