Selas Buys Pyronics
June 4, 2009
Cleveland-based Pyronics Inc. has been acquired by Selas Heat Technology Co., Montgomeryville, Pa. According to the company, Selas now offers one of the widest ranges of industrial burners, process burners, mixing systems and related combustion accessories and equipment. The transaction allows Selas, known for its specialty high temperature ceramics and refractory products, to add castable refractory capabilities to its product line.
"The acquisition of the Pyronics product lines represents a key milestone in the execution of the Selas strategy to offer global combustion customers a world of combustion solutions," says David S. Bovenizer, CEO of Selas and Lionheart Ventures.