March 14, 2016
MISSISSAUGA, Ontario – Camus Hydronics Ltd. Announced today that it has been acquired by Cleaver-Brooks, Inc., a leading manufacturer of boiler room equipment based in Thomasville, GA. Terms of the transaction were not disclosed.
Camus Hydronics President Mario Ruscio said, “Cleaver-Brooks is a strong brand, well known for engineering and manufacturing energy-efficient boiler room solutions. Camus Hydronics has enjoyed strong growth in recent years, and we know the company will continue to thrive with the resources and expertise of Cleaver-Brooks behind it.”
Bart Aitken, President and CEO of Cleaver-Brooks, added, “Through this acquisition, Cleaver-Brooks further strengthens its position in the rapidly expanding condensing hydronic boiler market. Products manufactured by Camus Hydronics are regarded to be highly efficient and reliable. Its line of condensing hydronic products is complementary to ours, which will broaden our market appeal to better meet customer needs worldwide.”
Cleaver-Brooks, a world-renowned provider of boiler room products and systems, is committed to providing efficient solutions that help its customers and the industry reduce energy usage, cost and environmental impact. As the pioneer of packaged firetube and watertube boilers, Cleaver-Brooks is the only manufacturer in the world to offer an entirely integrated boiler room solution for any size application. Its products are backed by a world-class representative network offering superior aftermarket service and solutions. Visit www.cleaverbrooks.com for more information.
About Camus Hydronics
Camus Hydronics designs and manufactures condensing hydronic boilers and heaters for commercial, institutional, large residential and light industrial markets. The company’s manufacturing facility includes a testing lab, engineering department, manufacturing and assembly lines, warehouse and parts depot. Visit www.camus-hydronics.com for more information.