Industrial Chimney Company Acquires Cheminee Lining from Cleaver-Brooks

July 26, 2022

Industrial Chimney Company (ICC) has acquired Cheminee Lining, the exhaust solutions division of Cleaver-Brooks. ICC will continue leasing 56,000 sq. ft. of manufacturing space and 21,000 sq. ft. of office space in Terrebonne, Quebec, and retain more than 44 Cheminee Lining employees as part of the transaction; Cleaver-Brooks will honor existing customer commitments.

Buyers
Industrial Chimney Company (ICC)
Targets
Cheminee Lining (exhaust solutions division of The Cleaver-Brooks Company, Inc.)
Sellers
The Cleaver-Brooks Company, Inc.
Location
Quebec, Canada
Transaction Type
Divestiture

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