NEWS RELEASE: Robertshaw Acquires Burner Systems International
Itasca, Il — June 16, 2016 – Robertshaw, a global engineering and manufacturing company focused on controls and solutions for the residential white goods and commercial appliance industry, announced today that it has acquired Burner Systems International (BSI), a leading provider of complete gas train systems and engineered burner solutions.
Established in 1960, BSI is a full-service supplier of components and customized engineered solutions for gas appliances. Terms of the transaction were not disclosed.
“This acquisition complements our market leading gas products business and will create the most comprehensive portfolio of gas delivery products and systems for the appliance and commercial original equipment manufacturers. BSI is a great incremental fit for our growing portfolio of engineered products and solutions.” said Mark L. Balcunas, CEO and President of Robertshaw.
The acquisition by Robertshaw includes BSI’s 863 employees along with BSI’s headquarters, engineering center and manufacturing hub in Chattanooga, Tennessee as well as world class manufacturing centers in Celaya, Mexico and Bedford, United Kingdom.
About Burner Systems International
Headquartered in Chattanooga, Tennessee, BSI’s business serves primarily North American and European residential and commercial customers. BSI engineers and manufactures top burner systems for gas cooktops, engineered tubular products (ETPs) used in gas cooking ranges, manifolds and burner systems for furnaces, as well as boilers and tank storage water heaters. For more information, visit www.burnersystems.com.
Robertshaw is a global design, engineering and manufacturing company that sells product solutions into the white goods industry and leverages its portfolio and technology into adjacent markets and after sales channels. Primary applications include controls for clothes washers and dryers, dishwashers, refrigerators, electric and gas cooking, ice makers, fluid dispensing, storage water heaters, gas valves for space/central heating, and automotive/off road temperature and fluid controls. Robertshaw is owned by an affiliate of Sun Capital Partners. For more information, visit www.Robertshaw.com.
About Sun Capital Partners, Inc.
Sun Capital Partners is a global private equity firm focused on identifying companies’ untapped potential and leveraging its deep operational and financial resources to transform results. Sun Capital is a trusted partner that is recognized for its investment and operational experience, including particular expertise in the consumer products and services, food and beverage, industrial, packaging, chemical, building products, automotive, restaurant and retail sectors. Since 1995, Sun Capital has invested in more than 330 companies worldwide across a broad range of industries and transaction structures. Sun Capital has offices in Boca Raton, Los Angeles and New York, and affiliates in London, Frankfurt, Paris, Stockholm and Shenzhen. For more information, visit www.SunCapPart.com.
1222 Hamilton Parkway, Itasca, IL 60143 | Office: +1 800 304 6563 | Fax: +1 800 426 0804 | www.robertshaw.com