Bradford White Announces Agreement to Purchase Keltech Tankless Electric Water Haters
Acquisition will expand Bradford White’s portfolio of commercial electric products.
AMBLER, Pa. — Bradford White Corporation announced they have reached a definitive agreement with Bradley Corporation to acquire the assets of Keltech Inc. Upon closing, the acquisition will expand Bradford White’s portfolio of commercial electric products.
“Since the Keltech line was introduced in 1987, it has been known in the commercial and industrial water heating community for its dependable performance record,” said Bruce Carnevale, CEO and president of Bradford White Corporation. “In addition to providing an immediate and critical expansion of the Bradford White portfolio, this acquisition is also an opportunity to grow and develop the Keltech product line by incorporating Bradford White’s technology and manufacturing experience.”