Acquiring Company
Laars® Heating Systems
Acquired Company
Electro Industries
RochesterMonticelloIndustrial Machinery ManufacturingAppliances, Electrical, and Electronics ManufacturingDescription
Laars® Heating Systems, a subsidiary of Bradford White Corporation and a leading U.S. designer and manufacturer of boilers, water heaters, and pool heaters used in residential, commercial, and industrial applications, announced today that they acquired Electro Industries, Inc., based in Monticello, Minnesota. Electro Industries is a manufacturer of electric boilers, air-to-water heat pump technology, electric duct heaters and controls.
Quick answer
Laars® Heating Systems is acquiring Electro Industries, announced January 4, 2024. Laars® Heating Systems is based in Rochester, New Hampshire, United States.
- How much did Laars® Heating Systems pay for Electro Industries?
- The deal value was not disclosed.
- What does Laars® Heating Systems do?
- Founded in 1948, LAARS serves a diverse base of customers located in many countries across the globe.
- Where are Laars® Heating Systems and Electro Industries based?
- Laars® Heating Systems is based in Rochester, New Hampshire, United States. Electro Industries is based in Monticello, Minnesota, United States.
Source: Fundz verified event record.
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- Amphenol Corporation to Acquire CIT Business From Carlisle (January 30, 2024)
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Who to call at Laars® Heating Systems, and when
When Laars® Heating Systems changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Laars® Heating Systems raises, hires an executive or expands, scored against what you sell
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Frequently asked
Who acquired Electro Industries?
Electro Industries was acquired by Laars® Heating Systems, based in Rochester. The deal was reported on January 4, 2024. Founded in 1948, LAARS serves a diverse base of customers located in many countries across the globe. Laars® Heating Systems is privately held and operates in Industrial Machinery Manufacturing.
When did Laars® Heating Systems acquire Electro Industries?
Laars® Heating Systems's acquisition of Electro Industries was reported on January 4, 2024. Laars® Heating Systems, a subsidiary of Bradford White Corporation and a leading U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Electro Industries do?
Electro Industries has been engineering, designing and manufacturing electro-mechanical products in Minnesota since 1974. We specialize in electric heating products including boilers, duct heaters, make-up air and various other heating controls. It is privately held, operating in Appliances, Electrical, and Electronics Manufacturing, and is based in Monticello.
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