EVAPCO Acquires Canadian Refrigeration Systems Manufacturer
EVAPCO, Inc. has acquired leading CO2 refrigeration systems manufacturer, Systèmes LMP, Canada, forming a strategic alliance to pursue growing market demand for environmentally sustainable refrigeration systems using natural refrigerants.
With the acquisition, EVAPCO’s Refrigeration Division strengthens its chiefly ammonia-based industrial technology offerings through immediate expansion into – and synergy with – LMP’s CO2 expertise and product offerings.
“With the addition of Evapco LMP, EVAPCO is now perfectly positioned and uniquely qualified to be the leading manufacturer for a full spectrum of natural refrigeration systems and components – and this fits very well with the environmentally sustainable company culture we desire,” said Bill Bartley, EVAPCO president and CEO.
CO2 technology is an ideal complement to EVAPCO’s existing NH3 (ammonia) business, especially considering CO2’s ideal suitability for light industrial or smaller commercial refrigeration systems, or retrofits to synthetic refrigerant-based systems.
EVAPCO will operate the CO2 portion of its refrigeration business from LMP’s existing facility in Laval, Quebec. As an innovative leader in the market, EVAPCO plans to invest significant R&D resources into LMP’s CO2 products and systems at its Maryland research headquarters.
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