LDR Partners Acquires Active Radiator and Forms Active Thermal Solutions Platform
July 9, 2025
LDR Partners LP acquired Active Radiator, a Philadelphia-based manufacturer, servicer and distributor of heavy-duty radiators and heat exchangers, in a transaction that closed July 3, 2025. LDR combined Active with Cincinnati Radiator and Ohio Heat Transfer under a unified platform, Active Thermal Solutions, to build the largest U.S. heavy manufacturing platform for aluminum industrial heat exchangers and expand aftermarket and OEM capabilities.
- Buyers
- LDR Partners LP
- Targets
- Active Radiator
- Sellers
- Marty Newell / Active Radiator family owners
- Platforms
- Active Thermal Solutions
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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