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Toromont's CIMCO Refrigeration acquires Engineered Refrigeration Systems

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Relationship map for Toromont's CIMCO Refrigeration acquires Engineered Refrigeration Systemsparent ofCIMCO Refrigeration: Operating CompanyCIMCO RefrigerationEngineered Refrigeration Systems Inc.: Operating CompanyEREngineered Refrigerat…
Operating Company

Parties
Acquirer
CIMCO Refrigeration
Operating Company
Target
Engineered Refrigeration Systems Inc.
Operating Company

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Summary

Toromont Industries' CIMCO Refrigeration Division acquired Engineered Refrigeration Systems (ERS), a privately owned regional industrial refrigeration supplier in Mobile, Alabama, adding ~$15M CAD in annual revenue and expanding North American coverage.