Know what you want? Try our 'Supplier Directory' 

Lochinvar confirms AO Smith deal

AO Smith has completed the $418 million (£260m) acquisition of fellow water heating and boiler manufacturer Lochinvar.
The merger of these two US-based firms allows AO Smith to diversify into high efficiency boilers and expand its range of water heating products. The market for high efficiency condensing systems is growing rapidly in the US and around the world with $200m turnover Lochinvar already a significant player in that sector.

David Pepper, managing director of Lochinvar's Banbury-based UK subsidiary, said: 'We see this as a wholly positive development. We have already been told that the new owners intend to maintain the two brands and run the companies as separate businesses because of their respective strengths in the global heating marketplace. Being part of an enlarged group will bring additional commercial benefits to Lochinvar as an established manufacturing, sales and distribution business with 35 years experience in the UK.'

Lochinvar CEO Bill Vallett said the alliance was 'a very good fit for both companies given our complementary product offerings' and AO Smith CEO and chairman Paul Jones said he was delighted the Vallett family, who founded Lochinvar, had agreed to remain as part of the enlarged group's management team.

Follow HVROnlineEditor on Twitter
6 September 2011

Comments

Already Registered?
Login
Not Yet Registered?
Register

Ground source heat pump scheme “transforming tenants’ lives” in Ashford

Residents in 74 homes are having their lives changed and bills reduced thanks to ground source heat pumps (GSHP) in Appledore and Charing. The £2.2m scheme is the first time that Ashford Borough Council has installed GSHP heating systems in its ...

  20-May-2025

New Ideal Heating Commercial CPD provides invaluable advice on surveying the modern plant room

The latest CIBSE-approved CPD from Ideal Heating Commercial – the UK’s market leader of high efficiency commercial heating solutions – is focussed firmly on the modern plant room. It addresses plant room surveying, along with the evolution of the ...

  23-May-2025

STOKVIS R600

CONDENSING ULTRA LOW NOx PREMIX COMMERCIAL BOILER
  10-Jan-2019
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR

Diary

HVR Awards
BESA Industry Awards