Cleaver-Brooks acquired by Harbour Group
December 20, 2012 | By HPAC Magazine
Cleaver-Brooks has been acquired by Harbour Group, a privately-owned operating company based in St. Louis, MO. Cleaver-Brooks president and CEO Welch Goggins said, “We look forward to working with the experienced leadership team at Harbour Group. Their knowledge and involvement in our business will help us to pursue new growth opportunities through strategic initiatives. Cleaver-Brooks will continue to engineer and manufacture best-in-class, energy-efficient boiler room solutions while providing a superior level of service that our customers have come to expect.” Cleaver-Brooks was most recently in the news when it acquired stack manufacturer Cheminée Lining in March 2011. Harbour Group is engaged in manufacturing, distribution and specialty services in multiple industries, including professional diagnostic and repair tools, specialty LED systems, niche distribution, logistics services, decorative kitchen and bath hardware, abrasives, diamond-cutting products and related tools, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired 171 companies in 36 different industries.