By HPAC MagazineHPAC General
Superior Holding has acquired English Boiler & Tube
Superior Holding, the parent company to Superior Boiler Technologies and Superior Boiler Works, has acquired the business assets of English Boiler & Tube. Superior will continue to manufacture and sell English Boiler & Tube products under the new company name, English Boiler, LLC. Current leaders John and Rick English will remain as CEO and as president and general manager, respectively.
Stanley acquiring Newell Tools
Stanley Black & Decker is acquiring the tools business of Newell Brands (Newell Tools), which includes industrial cutting, hand tool and power tool accessory brands Irwin and Lenox. The deal is expected to close in the first half of 2017.
Modine purchasing Luvata HTS
Modine Manufacturing Company is acquiring Luvata’s U.S.-based heat transfer solutions (HTS) division. “Luvata HTS is the largest independent producer of HVAC/R coils and coatings globally,” said Thomas Burke, Modine president and CEO. “They bring an innovative culture and broad product offering that are highly complementary to Modine.”