# Rheem acquires DEJONG from Nordian Capital

Rheem announced the acquisition of DEJONG, an independent manufacturer and supplier of stainless-steel hot water tanks, from Nordian Capital. The acquisition will accelerate growth and expansion for the European manufacturer and expand product offerings for the Rheem family of brands.

- Type: Acquisition
- Announced: 2022-01-18
- Status: completed
- Products: stainless-steel hot water tanks
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Rheem](https://endata.com/companies/9618.md) (acquirer)
- [Nordian Capital](https://endata.com/companies/35662.md) (investor)
- [DEJONG](https://endata.com/companies/60434.md) (target)

## Sources

- [achrnews.com](https://www.achrnews.com/articles/keyword/17511-acquisitions-in-the-hvac-industry?page=36), 2022-01-18: "Acquisition will accelerate growth and expansion for European manufacturer and expand product offerings for the Rheem family of brands."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.