Cleaver-Brooks Acquires Camus Hydronics
Terms of the transaction were not disclosed
THOMASVILLE, Ga. — Cleaver-Brooks Inc. has acquired Camus Hydronics Ltd., a Toronto-based company that designs and manufactures condensing hydronic boilers and heaters for commercial, institutional, large residential, and light industrial markets.
“Cleaver-Brooks is a strong brand that is well-known for engineering and manufacturing energy-efficient boiler room solutions,” said Mario Ruscio, president of Camus Hydronics. “Camus Hydronics has enjoyed strong growth in recent years, and we know the company will continue to thrive with the resources and expertise of Cleaver-Brooks behind it.”
Bart Aitken, president and CEO of Cleaver-Brooks, added, “Through this acquisition, Cleaver-Brooks further strengthens its position in the rapidly expanding condensing hydronic boiler market. Camus Hydronics’ line of condensing hydronic products is complementary to ours, which will broaden our market appeal to better meet customer needs worldwide.”
Terms of the transaction were not disclosed. For more information, visit cleaverbrooks.com.
Publication date: 3/28/2016