Toromont's CIMCO Refrigeration Division Acquires Engineered Refrigeration Systems Inc.
Toromont Industries, through its CIMCO Refrigeration Division, has acquired Engineered Refrigeration Systems Inc. (ERS), a privately owned industrial refrigeration equipment supplier based in Mobile, Alabama. The acquisition expands CIMCO's North American coverage and is expected to increase annual revenues by approximately $15 million Canadian. ERS results have been included in Toromont's consolidated financial statements since December 1, 2004.
“Toromont Industries' CIMCO Refrigeration Division has acquired Engineered Refrigeration Systems Inc. (ERS), a privately owned company based in Mobile, Ala.”
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