Cleaver-Brooks Acquires Camus Hydronics
THOMASVILLE, Ga. — Cleaver-Brooks Inc., recently announced its acquisition of 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. Terms of the transaction were not disclosed.
“Cleaver-Brooks is a strong brand, well-known for engineering and manufacturing energy-efficient boiler room solutions," said Mario Ruscio, president, 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. Products manufactured by Camus Hydronics are regarded to be highly efficient and reliable. Its line of condensing hydronic products is complementary to ours, which will broaden our market appeal to better meet customer needs worldwide.”
For more information, visit cleaverbrooks.com.