HVAC Breaking News

April 28, 2006: Nortek Acquires Huntair and Cleanpak

PROVIDENCE, R.I. - Nortek Inc. announced that two newly formed subsidiaries of its CES Group have acquired all of the assets of Huntair Inc. and Cleanpak International LLC, both located outside of Portland, Ore.

Huntair and Cleanpak manufacture, market, and distribute custom air handlers and related products for commercial and clean room applications.

Richard L. Bready, Nortek's chairman and chief executive officer, said, "Huntair and Cleanpak complement Nortek's existing businesses that offer a wide range of custom-designed commercial HVAC systems for the commercial equipment market. The acquisition gives Nortek additional opportunity to grow Nortek's presence in the custom-designed commercial and clean room equipment markets."

Bready added that he was pleased that the current management of both Huntair and Cleanpak will stay with the businesses after the acquisition.

For more information, visit www.nortek-inc.com.

Publication date: 04/24/2006

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