Deal announced Dec 2015 · Utica, New York / Apeldoorn, Netherlands Verified
ECR International to be sold to BDR Thermea
HVAC boiler manufacturer ECR International announced its shareholders approved the sale of the company to Dutch heating products group BDR Thermea, the first step in BDR's strategy to grow market share worldwide.
“ECR International, an HVAC manufacturer offering products under the brand names Dunkirk, Utica Boilers, Olsen, Airco, Pennco, RetroAire, Argo, and EMI, announced that its shareholders have approved the sale of the company to BDR Thermea, a Dutch heating products group headquartered in Apeldoorn, the Netherlands.”
Entities
BDR Thermea · Acquirer ECR International · Target
HVAC Sentiment: Positive
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