Cleaver-Brooks, the Thomasville, Ga.-based provider of boiler-room products and systems, recently announced it was acquired by Harbour Group, a privately owned operating company based in St. Louis. Terms of the transaction were not disclosed.
Harbour Group and its companies are engaged in manufacturing, distribution, and specialty services in dozens of industries.
“We look forward to working with the experienced leadership team at Harbour Group,” Cleaver-Brooks President and Chief Executive Officer (CEO) Welch Goggins said. “Their knowledge and involvement in our business will help us to pursue new growth opportunities through strategic initiatives.”
Of Cleaver-Brooks, Jeff Fox, Harbour Group’s chairman and CEO, said: “An enormous part of the company’s success is driven by the Cleaver-Brooks Representatives Association (CBRA), which is active in over 50 countries. We look forward to supporting the management team, employees, CBRA, and customers to ensure that Cleaver-Brooks continues its leadership role in the boiler industry.”