Innovative Motion Technologies announces Raffel Systems’ Acquisition of Micro-Air
Transaction enables IMT platform to expand its reach into new markets and channels
GERMANTOWN, WI — Innovative Motion Technologies (IMT), the parent company of Raffel Systems, announced that it has acquired Allentown, NJ-based Micro-Air, a designer and manufacturer of electronic controls for heat and air conditioning applications in the RV, marine, and residential industries.
Founded in 1983, Micro-Air sells primarily to the aftermarket through its e-commerce presence and through distributors, in addition to its OEM customers.