Deal announced Feb 2005 · United States Verified
Bosch's BBT Thermotechnik acquires Controlled Energy Corporation
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.
“BBT Thermotechnik, a member of the Bosch Group and a leading European manufacturer of heating products, has announced the acquisition of Controlled Energy Corporation (CEC), Waitsfield, Vt.”
Entities
BBT Thermotechnik · Acquirer Bosch Group · Parent Controlled Energy Corporation · Target
HVAC Sentiment: Positive
Source: www.achrnews.com
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