Rheem acquires Chilean water heater manufacturer CEM S.A.

Rheem completed the acquisition of CEM S.A., a Chilean manufacturer and distributor of tankless, solar, and tank water heaters sold under the Splendid brand, to expand its water heating presence in South America.

“ATLANTA — Rheem announced that it has acquired CEM S.A., a Chilean company that manufactures and distributes tankless, solar, and tank water heating products. CEM sells its products under the Splendid brand name throughout South America.”

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