RectorSeal Acquires Multiple Product Lines
HOUSTON — RectorSeal® Corp. acquired certain assets of Resource Conservation Technologies (RCT), Sarasota, Fla., a manufacturer of the air-conditioning condensate management float switch product line AquaGuard®. The acquisition also includes RCT's made-in-the-USA Goliath® and Titan™ brands of plastic condensate overflow pans for air conditioning units.
According to the company, the transaction positions the 76-year-old RectorSeal as a market share leader with its existing Safe-T-Switch® and EZ Trap® condensate management switches and accessories product lines. RectorSeal plans to retain and market the AquaGuard brand as well as the acquisition's other brands Goliath secondary drain pans and furnace risers, and Titan flexible secondary drain pans.
"We saw RCT as a fast-growing company with unique products that will expand the breadth of RectorSeal's HVACR offerings, especially in the condensate management niche, which is an important part of our existing product offerings," said David Smith, president, RectorSeal Corp., which is a subsidiary Capital Southwest Corp., Dallas.
RCT products will continue to be sold through traditional HVACR wholesalers and are now supported by RectorSeal customer and technical support departments at 800-231-3345.