Announced
Financials
Sources
Tags
Domestic
Single Bidder
Household Equipment and Products
Pending
Canada
Majority
Friendly
Acquisition
Private
water heaters
Synopsis
Enercare, a company specialized in water heater rental and installation, agreed to acquire HydroSolution, a company in offering a turnkey service for the rental, sale, installation, and maintenance of water heaters. Financial terms were not disclosed. “The satisfaction of our customers and the opportunities for our employees were at the heart of this decision. With Enercare, we have the means to achieve our ambitions and can now count on the know-how of a Canadian industry leader to accelerate our growth strategy in the market,” Nicolas Ayotte, HydroSolution President and CEO.
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