March 19, 2013: Krack Sells Its Industrial Refrigeration Operations to SGS Refrigeration
BRIDGETON, Mo. — Krack Corp. announced that it has sold the assets of its Krack industrial refrigeration business to SGS Refrigeration Inc. Terms of the sale were not disclosed.
SGS will sell the acquired industrial products under a new SGS/Krack name. With this transaction, Krack retains ownership of its commercial refrigeration business, including coils, condensers, condensing units, and custom engineered products. Krack said it will continue to serve commercial customers through its normal channels without disruption.