Intergas has joined Rheem’s Global Water Division, expanding its water heating and boiler portfolio for both residential and commercial applications.
The boiler manufacturer will operate as a wholly owned subsidiary of Paloma Rheem Global, Inc. Its headquarters will remain in Coevorden and the Intergas brand name will remain unchanged.
Rheem’s head office is in Atlanta and it produces heating, cooling, water heating, pool/spa heating, commercial boilers and commercial refrigeration products. Its products are available in more than 50 countries, and the company’s portfolio of premium water brands includes: Rheem®, Raypak®, Ruud®, Eemax®, EcoSmart®, Richmond®, Splendid®, Solahart® and EverHot™.
With the acquisition of Intergas, Rheem now has a bigger platform in the European heating and hot water market, which is the second largest in the world.
Chris Peel, President and CEO of Paloma Rheem Global, Inc. said: “We are very pleased to welcome Intergas as an important part of our Global Water Division.
“The addition of Intergas into the Rheem family of brands increases the breadth of our boiler and water heating offerings, while also providing Rheem with competitive solutions to meet consumer demands in Europe.
“Both Rheem and Intergas also proudly foster cultures of inclusion, and our organizations have a shared commitment to innovating all-new products that create a meaningful and positive
Stephen Zouch, Managing Director at Intergas UK, said: “We are delighted to be joining Rheem at this very exciting time for our brand’s development in the UK. Rheem understands our core business and its leadership is committed to long-term growth plans for Intergas. We look forward to accelerating product innovations together with Rheem and expanding into new markets and regions in the future.”
Rich Bendure, President of the Global Water Division, added: “The strong synergies in product offerings and complementary cultures make the joining of Rheem and Intergas a truly exciting and monumental collaboration.
“Combined, we now offer an extremely compelling and comprehensive water heating and boiler portfolio for both residential and commercial applications.”