hvacrollups.com
← All signals
Add-on acquisition Aug 2022 · Québec, Canada Verified

Industrial Chimney Company acquires Cheminée Lining (carve-out from Cleaver-Brooks)

Industrial Chimney Company (ICC), a venting products manufacturer, acquired Cheminée Lining, the exhaust solutions division of boiler manufacturer The Cleaver-Brooks Company. The deal is a lateral expansion / divisional carve-out; the two companies continue operating independently.

“Industrial Chimney Company (ICC), a manufacturer of residential and industrial venting products, has acquired Cheminée Lining, the exhaust solutions division of boiler manufacturer, The Cleaver-Brooks Company Inc.”

Entities

Cheminée Lining · Target Industrial Chimney Company · Acquirer The Cleaver-Brooks Company Inc. · Parent
Other

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.