Harbour Group's Cleaver-Brooks Acquires Camus Hydronics
ST. LOUIS, MO Cleaver-Brooks, Inc., a Harbour Group company, acquires Camus Hydronics Ltd., announces Jeff Fox, Harbour Group's Chairman and Chief Executive Officer.
Since its founding in 2000, Camus has designed and manufactured condensing hydronic boilers and water heaters for the commercial, institutional, large residential, and light industrial markets. The company is dedicated to the highest level of service and providing better solutions to the challenges its customers face through continuous product innovation.
Camus' products are sold in North America, China and Eastern Europe. The business is run by its founders, Mario Ruscio and Cesare Ruscio, and is headquartered in Mississauga, Ontario.
"Camus' product line fits extremely well with Cleaver-Brooks product offerings," said Fox. "We are looking forward to bringing Harbour's operational resources to the company as it continues to grow and expand its product offerings. Mario and Cesare's support and direction will be integral as we bring the companies together in the marketplace and build a bigger, stronger business."
"We are excited about what Camus brings to our company," said Bart Aitken, President and Chief Executive Officer of Cleaver-Brooks. "Camus' products are positioned in a rapidly expanding segment of our industry. The condensing hydronic products Camus manufactures complement the ones Cleaver-Brooks offers, allowing us to provide a more complete solution to our customers."
Ruscio, Camus' President, said, "Cleaver-Brooks' world class engineering and manufacturing capabilities, supported by Harbour Group's resources, will be a strong asset for our business."