Riverside Co. Buys Eemax
The Riverside Company has acquired Eemax Inc., an Oxford, Conn.–based maker of tankless electric water heaters. No financial terms were disclosed. PRESS RELEASE The Riverside Company recognized the simmering market for electric tankless water heaters and acquired Eemax, Inc., the leading manufacturer of the devices for commercial, industrial and residential markets. Riverside’s deal flow has kept a steady pressure as Eemax is the 25th acquisition for the firm this year. Tankless electric wa
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