Divestiture Apr 2015 Verified
PMFG divests its heat transfer business to focus on core strengths
PMFG's chairman and CEO said the company decided to divest its heat transfer business as part of a strategy to streamline operations and focus on its core pressure products, nuclear, and environmental product solutions.
““As part of the ongoing strategy to streamline our operations and focus on our core strengths, we have decided to divest our heat transfer business,” said Peter Burlage, PMFG chairman and CEO.”
Entities
Koch Heat Transfer Co. LP · Acquirer PMFG Inc. · Parent
OtherRefrigeration
Source: www.achrnews.com
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