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Plumbing News

Diversified Heat Transfer acquires the assets and key personnel of Sussman Electric Boiler

Diversified-Heat-Transfer-Logo.gif
August 3, 2022

Diversified Heat Transfer (DHT), an engineering and manufacturing company of heat transfer equipment and systems, announced that as of July 25, it has acquired the assets and key personnel of Sussman Electric Boiler, a division of Sussman Automatic Corp. The acquisition of Sussman Electric Boiler, a New York manufacturer of electric steam and hot water boilers, brings together two well-respected companies with deep roots in our industry, both known for long-term solid relationships, high-quality products and outstanding customer service.

"DHT has been in business for four generations. During this period, our top priorities have been to remain forward-looking, establish a culture of continuous process improvement, and treat all our employees and stakeholders with integrity," said DHT President and CEO Jake Goldberg. "We believe the acquisition of Sussman Electric Boiler further aligns our business with the market's needs, bringing together the best people and technology to help us meet the ever-changing demands of our industry."

Sussman Electric Boiler will continue its current operation out of its Long Island City, New York location.

For additional information on the companies, please visit www.dhtnet.com and now www.sussmanboilers.com.

KEYWORDS: boilers heat transfer systems manufacturers mergers and acquisitions

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