Majority stake Announced Jan 2005 Verified
Bosch's BBT Thermotechnik acquires U.S. distributor Controlled Energy Corporation
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Summary
BBT Thermotechnik, a member of the Bosch Group, acquired Controlled Energy Corporation (CEC), a distributor with 70 employees and $34 million in annual sales. CEC and Buderus Hydronic Systems will be merged into a new company called BBT North America.