BDR Thermea frames ECR deal as first step in larger US/worldwide roll-up

BDR Thermea's CEO described the ECR International acquisition as the first step in a bigger strategy to increase market share and presence worldwide, with all BDR North American operations to be integrated under the ECR name.

“For us, this acquisition represents a first step of a bigger strategy to increase market share and presence worldwide. All BDR North American operations will be integrated into our newly established company which will continue to operate under the ECR International name and be managed by the current ECR team led by Ron Passafaro.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.