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ThermaSys Acquires Covrad Holdings, Serck Heat Transfer

Posted on January 7, 2011

ThermaSys Corp., a U.S.A. manufacturer of copper, brass and aluminum heat exchanger components and assemblies, has acquired Covrad Holdings and Serck Heat Transfer, two U.K.-based manufacturers of heat transfer products. Terms of the transaction were not disclosed.

Covrad Holdings and Serck Heat Transfer produce a range of products, such as radiators, charged air coolers and oil coolers for OEM and aftermarket customers in the power generation, rail, marine and transportation sectors worldwide, according to ThermaSys. The two sister companies will be fully integrated into the ThermaSys platform.

ThermaSys, headquartered in Montgomery, Alabama, U.S.A., is an affiliated portfolio company of Sun Capital Partners, Inc., a private investment firm specializing in leveraged buyouts and investments in market-leading companies.

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