Halton Group acquires U.S. indoor air equipment manufacturer
Halton Group, a global indoor air company, has acquired the business activities and product design rights of LCSystems Inc., a family company from Kentucky in the United States that manufactures supply and exhaust air equipment for professional kitchens. The acquisition makes the company a part of Halton's Foodservice business that specializes in professional kitchen environments. In 2017, Halton delivered professional kitchen indoor air solutions to some 6,000 locations around the world.
In recent years, Halton has been systematically working to expand its range of professional kitchen products from hood solutions to comprehensive air handling systems.
“The acquisition of LCSystems supports our chosen strategy and accelerates the entry of our comprehensive solutions into the North American market, where we will continue to aim at significant growth as the industry-leading technology supplier”, says Georges Gaspar, Director of Halton Foodservice.
The acquisition is preceded by a long history between the two companies that has its roots in development work done within the ASHRAE (American Society of Heating, Refrigerating and Air-Conditioning Engineers, Inc.) network in the 1990s. The companies started cooperation for manufacturing ETL licensed products in 2004.
“Our long cooperation has been very functional and I believe that this acquisition offers interesting opportunities for creating new, innovative and customer-focused solutions for this important market”, Gaspar says.
Steve Brown, founder for LCSystems, had the following to say: “I have known Halton for over 20 years and seen that our approach to product innovation, quality and customer relationship management is similar. This experience has convinced me that LCSystems’ customers will continue to receive high-quality service from Halton.”
The acquisition worth slightly below USD 4 million was completed 30 June 2018.
2019 will mark Halton’s 30th anniversary on the US market.
Phil Meredith, Director, Halton Foodservice, Americas region
Tel. +1 270 237 5600
Georges Gaspar, Director, Halton Foodservice, global operations
Tel. +33 62 94 40 322
Halton Group is the global technology leader in indoor air solutions for demanding spaces. The company develops and provides solutions for commercial and public premises, healthcare institutions and laboratories, professional kitchens and restaurants as well as energy production environments and marine vessels. Halton's mission is to provide its end-users with safe, comfortable and productive indoor environments that are energy-efficient and comply with sustainable principles.
The company was founded in Finland in 1969. Today, Halton Group has production units in ten and R&D units in eight countries. Licensed production is carried out in four countries. Halton Group employs nearly 1500 people in over 30 countries. The company’s turnover in 2017 was approximately 205 million euros. For more information, visit www.halton.com.