Pinnacle Climate Technologies Acquires Assets of Pura Air
Acquisition expands company reach into the emerging indoor air quality market
Pinnacle Climate Technologies acquired the assets of Pura Air Purification, Inc., a manufacturer of indoor air quality (IAQ) solutions. (Courtesy of Pinnacle Climate Technologies)
SAUK RAPIDS, MN. — Pinnacle Climate Technologies, a provider of ventilation and climate control product solutions to industrial, commercial, and retail segments, announced the acquisition of the assets of Pura Air Purification, Inc., a manufacturer of indoor air quality (IAQ) solutions.
“The COVID 19 virus has made the importance of safe and clean indoor air a global priority,” said Ron Ten Berge, CEO of Pinnacle Climate Technologies. “Improving indoor air quality is one of the most effective ways to address airborne health risks present in buildings today, including COVID 19. Acquiring Pura Air’s assets allows us to expand our products and expertise into the IAQ market and deliver solutions that make indoor air safer for everyone.”
The U.S. market for indoor air quality products is expected to grow to nearly $10 billion by 2025, according to BCC Research. Pinnacle Climate Technologies saw an increased demand for indoor air quality product solutions in 2021, with the growing concern over COVID-19.
“Air purifiers are a cost-effective way to make high traffic, high risk indoor areas safer and more comfortable without requiring complex building retrofits,” said Feisal Nasser, CEO of Pura Air. “We have engineered solutions that use science-based, proven applications to eliminate risks in the air we breathe at home, in schools, offices, and other building environments. We are confident that Pinnacle will be able to take the foundation we built to the next level.”
Pura Air has been focused on developing, manufacturing, and distributing both fixed and standalone medical-grade air purifiers to remediate and protect against infectious and non-infectious airborne particulates. The technology is designed to integrate seamlessly into an interior space, increase the air-changes per hour without modifications to the existing HVAC system, and remove and sterilize 99.99% of viruses such as COVID-19, hepatitis A, influenza, and rotavirus.
Pura Air products will be rebranded as part of the Schaefer portfolio and be assembled in the U.S. at the Sauk Rapids facility.
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