ECR International signs LOI to acquire Argo Industries

ECR International, parent of Dunkirk Boilers, Utica Boilers and Enviromaster, signed a letter of intent to acquire hydronic-products manufacturer Argo Industries, with closing expected by fall 2001. This is a manufacturer-level acquisition rather than a home-service roll-up.

“ECR International Inc., parent company of several notable industry manufacturers, including Dunkirk Boilers, Utica Boilers and Enviromaster International, announced it has signed a letter of intent to acquire Argo Industries Inc., a manufacturer of fin-tube radiation for residential and light commercial use, electric boilers and control systems for hydronic applications.”

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