Research Products acquires Dri-Steem Humidifier; to operate as subsidiary

Research Products Corp. announced the acquisition of Dri-Steem Humidifier Co., a commercial/industrial humidifier maker, which will operate as a subsidiary. Dri-Steem's CEO departs; a Research Products VP is named president of Dri-Steem.

“MADISON, WI — Research Products Corp. has announced the acquisition of Dri-Steem Humidifier Co., Eden Prairie, MN, a manufacturer of commercial and industrial humidifiers. Under the agreement, Dri-Steem will operate as a subsidiary of Research Products.”

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.