Nortek Acquires Huntair and Cleanpak International

Nortek announced the acquisition of Huntair, Inc. and Cleanpak International, LLC to expand its custom-designed HVAC systems for the commercial market. The acquisition was funded with a $40 million borrowing under its Amended and Restated Credit Agreement.

“Nortek announced in April the acquisition of Huntair, Inc. and Cleanpak International, LLC to expand its wide range of custom-designed HVAC systems for the commercial systems market. Both of the Portland, Oregon area companies manufacture, market and distribute custom air handlers and related products for commercial and cleanroom applications. To fund the acquisition, Nortek borrowed $40 million under its Amended and Restated Credit Agreement.”

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