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Bradford White acquires Laars Heating Systems.(DATELINE)

As part of a strategic plan that includes diversification within the industry, Bradford White Corporation has announced the signing of an agreement to purchase the Laars Heating Systems business from Water Pik Technologies Inc.

"The acquisition is one in a series of focused moves we have made in recent years to continue growth and expand our appeal to the plumbing and HVAC industry" said A. Robert Carnevale president and CEO of Bradford White Corporation.

He added that Laars Heating Systems will become a wholly-owned subsidiary of Bradford White. The acquisition also includes a manufacturing facility in Rochester, N.H., and a distribution center in Oakville, Ontario. ...

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