HPAC Magazine

Cleaver-Brooks acquired by Miura

May 17, 2024 | By HPAC Magazine

Consolidation in the commercial/industrial boiler system industry.

Cleaver-Brooks, U.S. based provider of boiler room products and systems for commercial and industrial applications, has been acquired by Miura Co., Ltd. of Japan.

Miura, a global manufacturer of boiler room products, also manufactures water treatment equipment, food processing equipment, medical equipment, marine equipment and environmental products with operations in 24 countries worldwide

The Japanese company first announced its intentions to acquire CleaverBrooks on March 29th, and with the acquisition now completed MIURA Group’s business operations outside Japan will account for as much as half of its consolidated annual revenue, a jump from 25% of its revenues.

Muira also announced that it intends to continue expanding its business operations globally.






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