Seeley International has acquired the business of Coolerado Corporation, a Denver-based manufacturer of innovative, award-winning, air conditioning systems for commercial, industrial, government, and military use.
Seeley International’s founder and executive chair, Frank Seeley, said the acquisition demonstrates the company's commitment to providing energy efficient air conditioning products.
"This acquisition establishes a US-based manufacturing facility which is another exciting step in our growth strategy as we look to move closer to our North American customers," he said.
Coolerado’s indirect evaporative air conditioning products will become a part of Seeley’s portfolio that includes the trusted brands, Breezair, Convair, Coolair, Braemar, and Climate Wizard.
Coolerado chief executive officer, Tom Teynor, said the company's customers will benefit from Seeley International’s market experience, product line breadth, financial and customer service strength, and its commitment to innovation.
With the acquisition of Coolerado’s Denver-based manufacturing facility, Seeley International intends to considerably increase its North American operations with a multi-million dollar capital injection designed to increase product availability and customer service.