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Rheem Manufacturing Company, a subsidiary of Paloma Co., Ltd, entered into a definitive agreement on May 31, 2019 to acquire 100% of Intergas Verwarming B.V., a Dutch manufacturer of high-efficiency gas boilers and water heaters. The consideration was undisclosed.
“The acquisition expands Rheem’s water heating and boiler portfolio for both residential and commercial applications to meet demands in Europe and additional markets worldwide.”dcadvisory.com
Summarized from public sources; check the original articles before acting on it.