Rheem expands into European market via Intergas acquisition

Through the acquisition of Intergas, Rheem gains a first-class platform in the European heating and hot water market, which is the second largest in the world. Intergas has fast-growing subsidiaries in the UK, Canada, and the US.

“With the acquisition of Intergas, Rheem will obtain a first-class platform in the European heating and hot water market, which is the second largest in the world.”

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.