Majority stake Closed Apr 2015
Koch Heat Transfer acquires Alco and Bos-Hatten heat exchanger brands from Peerless/PMFG
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Summary
Koch Heat Transfer Co., a subsidiary of Koch Chemical Technology Group, purchased the Alco, Alco-Twin, and Bos-Hatten heat exchanger brands from Peerless Mfg. Co., a subsidiary of PMFG Inc. Koch said the deal lets it expand into additional markets.