ECR International to acquire HVAC equipment maker Argo Industries

ECR International signed a letter of intent to acquire Argo Industries, a manufacturer of fin-tube radiation, electric boilers, and hydronic controls, to broaden its heating and cooling product line. This is an HVAC equipment-manufacturer acquisition, not a contractor roll-up or PE-sponsored deal.

“ECR International, Inc., has announced that it has signed a letter of intent to acquire Argo Industries Inc., in Berlin, CT.”

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