Industrial Chimney Company Acquires Cheminée Lining

QUÉBEC — Industrial Chimney Company (ICC), a manufacturer of residential and industrial venting products, has acquired Cheminée Lining, the exhaust solutions division of boiler manufacturer, The Cleaver-Brooks Company Inc. Cheminée Lining’s reputation and expertise in grease duct, commercial venting, and freestanding chimney stacks is a natural fit to expand ICC laterally and develop new markets.

“The acquisition of Cheminée Lining will bring a broader depth of products to our industrial chimney customers,” said Steve Rea, vice president, ICC Industrial Products. “There is little to no overlap with ICC’s current products. Between the equipment, the space, and the knowledgeable staff, it will provide growth for both companies that would have otherwise taken years to accomplish.”

Cheminée Lining will maintain its current operations, honoring current customer commitments and seeking new business. The two companies will continue to operate independently. As part of the sale, ICC will continue to lease the 75,000 sq foot building located in Terrebonne, Québec, as well as provide employment for over 45 existing Cheminée Lining employees. Despite the acquisition being primarily in the commercial chimney category, residential ICC customers will benefit as well.

“More equipment, more capacity, more products, more expertise, all in products that are right in our wheelhouse,” explained Ray Bonar, co-chairman of the board, ICC. “With this acquisition, we can transform our production to better serve both our industrial and residential customers.”

Looking for quick answers on air conditioning, heating and refrigeration topics? Try Ask ACHR NEWS, our new smart AI search tool. Ask ACHR NEWS