Halton Group Acquires LCSystems, U.S. Ventilation Maker
Halton Group has acquired the business activities and product design rights of LCSystems Inc., a family-owned manufacturer of supply and exhaust air equipment for professional kitchens. The June 30 acquisition brings the Kentucky-based company under the umbrella of the Finnish’s firm’s foodservice business, which specializes in professional kitchen environments.
The nearly $4 million acquisition comes as Halton has been expanding its range of professional kitchen products from hood solutions to comprehensive air handling systems. In 2017, the company delivered professional kitchen indoor-air solutions to some 6,000 locations around the world.
“The acquisition of LCSystems supports our chosen strategy and accelerates the entry of our comprehensive solutions into the North American market, where we will continue to aim at significant growth as the industry-leading technology supplier,” says Georges Gaspar, Director of Halton Foodservice.
LCSystems Founder Steve Brown added, “I have known Halton for over 20 years and seen that our approach to product innovation, quality and customer relationship management is similar. This experience has convinced me that LCSystems’ customers will continue to receive high-quality service from Halton.”
The two companies’ relationship has its roots in development work done within the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) network in the 1990s; they started cooperation for manufacturing ETL licensed products in 2004.