Canada based Exchanger Industries Limited has acquired UK based company HRS Heat Exchangers in a move that creates an international group with more than 100 years combined experience in heat transfer technologies.
Each company has proprietary and patented technologies, which they believe have the potential to work together to bring new and improved solutions to market.
Moving forward under the leadership of Mark el Baroudi as CEO, both Exchanger Industries and HRS plan to use their collective experience to share best practice and take key learnings from their respective business to see if they can be applied to new areas.