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Bosch's BBT Thermotechnik acquires Controlled Energy Corporation

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Relationship map for Bosch's BBT Thermotechnik acquires Controlled Energy Corporationparent ofBBT Thermotechnik: Operating CompanyBTBBT ThermotechnikControlled Energy Corporation: Operating CompanyCEControlled Energy Cor…
Operating Company

Parties
Acquirer
BBT Thermotechnik
Operating Company
Target
Controlled Energy Corporation
Operating Company

Summary

BBT Thermotechnik, a member of the Bosch Group, announced the acquisition of its longstanding US distributor Controlled Energy Corporation (CEC, ~$34M sales); CEC and Buderus Hydronic Systems will merge into a new entity called BBT North America.