EVAPCO Acquires Systèmes LMP to Form Evapco Systems LMP
February 21, 2022
U.S.-based manufacturer EVAPCO has acquired Canadian transcritical CO2 systems maker Systèmes LMP (LMP) and will operate the combined business as Evapco Systems LMP out of Laval, Quebec. The deal combines EVAPCO's ammonia refrigeration capabilities with LMP's CO2 technology to expand EVAPCO's natural refrigerant portfolio and gain entry into supermarket/food-retail and North American CO2 markets; terms were not disclosed.
- Buyers
- EVAPCO, Inc.
- Targets
- Systèmes LMP (LMP)
- Industry
- Manufacturing
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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