ACHRNEWS

Jan. 3, 2013: Cleaver-Brooks Acquired by Harbour Group

January 3, 2013
THOMASVILLE, Ga. — Cleaver-Brooks announced that it has been acquired by Harbour Group, a privately owned operating company based in St. Louis. Terms of the transaction were not disclosed.

Welch Goggins, Cleaver-Brooks president and CEO, said, “We look forward to working with the experienced leadership team at Harbour Group. Their knowledge and involvement in our business will help us to pursue new growth opportunities through strategic initiatives. Cleaver-Brooks will continue to engineer and manufacture best-in-class, energy-efficient boiler room solutions while providing a superior level of service that our customers have come to expect.”

Jeff Fox, Harbour Group’s chairman and CEO, said, “Cleaver-Brooks is on the front line of addressing energy efficiency and emissions concerns of its customers and has a long established track record of developing the broadest and best performing energy-efficient, low-emission boiler room solutions. An enormous part of the company’s success is driven by the Cleaver-Brooks Representatives Association (CBRA), which is active in over 50 countries. We look forward to supporting the management team, employees, CBRA, and customers to ensure that Cleaver-Brooks continues its leadership role in the boiler industry.”

For more information, visit www.cleaverbrooks.com.

Publication date: 12/31/2012