Metals & Mining M&A » By The Online Investor Staff, updated Thu., Jul. 2, 11:38 AM
Recent mergers and acquisitions in the Metals & Mining M&A category.
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Slide #4. WaterFurnace Renewable Energy, Inc. — Chillit Chillers
Acquirer:
WaterFurnace Renewable Energy, Inc. (WFI.CA)
Acquiree:
Chillit Chillers
Details:
WaterFurnace Renewable Energy, Inc. (TSX: WFI) announced that it has entered into an agreement to acquire the assets and technology of Chillit Chillers, a growing manufacturer of innovative heating and cooling products located in Goshen, Indiana, USA.
WaterFurnace Renewable Energy designs, develops, manufactures and distributes geothermal water source heating, cooling, hot water and control systems for residential, commercial and institutional buildings. Co.'s Australian subsidiary company, Hyper Engineering Pty. Ltd. designs, develops and builds devices that limit the inrush current that electric motors draw upon start up. Co.'s subsdiary, Hyper Technology and Trading Company, Ltd. is engaged in the international distribution and sourcing outside the U.S. and Canada.
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