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In the same year, the company acquired Raypak, Inc., which expanded the business into swimming pool heaters as well as commercial boilers. [10] In 1988 Rheem was acquired by Paloma Industries, Ltd., a privately held Japanese company with headquarters in Nagoya, Japan, which wished to expand globally. [10] [11] [16]
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Its water heater division introduced the first glass-lined commercial water heater, the A. O. Smith Burkay B-65, and later the company established a glass fiber division to replace steel in many applications. It also expanded into supplying oil field pipe and pipe for service stations, eventually becoming Smith Fiberglass Products in 1986.
Within the HVAC business unit, there are several branches: defense, dehumidification, swimming pool ventilation, and residential ventilation. The total sale for the Dantherm group represents 464.6 million Danish krone (DKK). [1] (2010), while the number of employees is approximately 537. [1]
European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. Wonder Group, a New York ...
Pentair plc (PNR) is an American water treatment company incorporated in Ireland with tax residency in UK, with its main U.S. office in Golden Valley, Minnesota. [6] Pentair was founded in the US, with 65% of company's revenue coming from the US and Canada as of 2017.
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