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  6. Industrial Chimney Acquires Cheminee Lining

M&A Deal Summary

Industrial Chimney Acquires Cheminee Lining

On July 26, 2022, Industrial Chimney acquired distribution company Cheminee Lining from Cleaver-Brooks

Acquisition Highlights
  • This is Industrial Chimney’s 1st transaction in the Distribution sector.
  • This is Industrial Chimney’s 1st transaction in Canada.
  • This is Industrial Chimney’s 1st transaction in Quebec.

M&A Deal Summary
Date 2022-07-26
Target Cheminee Lining
Sector Distribution
Buyer(s) Industrial Chimney
Sellers(s) Cleaver-Brooks
Deal Type Divestiture

Target

Cheminee Lining

Terrebonne, Quebec, Canada
Cheminee Lining is a stack distributor that manufactures a standard line of stainless steel and AL294C pre-fabricated, insulated breeching and stack systems from six inches to 48 inches. Cheminee Lining was founded in 1990 and is based in Terrebonne, Quebec.

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Buyer(S) 1

Buyer

Industrial Chimney

St-Jerome, Quebec, Canada
Category Company
Founded 1991
Sector Machinery
DESCRIPTION

Industrial Chimney is a manufacturer of prefabricated chimneys, residential venting, custom insulated chimneys, double-walled stove pipe and chimney liners for wood burning applications, and venting products for pellet and gas appliances. Industrial Chimney was founded in 1991 and is based in St-Jerome, Quebec.

DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

Cleaver-Brooks

Thomasville, Georgia, United States
Category Company
Founded 1929
Sector Machinery
DESCRIPTION

Cleaver-Brooks provides boiler room products and systems to deliver efficient solutions that help its customers and the industry reduce energy usage, cost, and environmental impact. It offers integrated boiler plant solutions for any size application. Cleaver-Brooks was founded in 1929 and is based in Thomasville, Georgia.

DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-18 Camus Hydronics

Mississauga, Ontario, Canada

Camus Hydronics Ltd. is a designer and manufacturer of condensing hydronic boilers and heaters for commercial, institutional, large residential and light industrial markets.

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