Burner Systems International, supplier of components for gas appliances, acquired the gas cooking appliance assets of CEM S.A. Group of Chile.
CEM is one of the largest burner and valve suppliers to the South American cooking appliance industry.
Burner Systems is among the largest global suppliers of components, assemblies, and system solutions for the gas appliance industry. The company is headquartered in Chattanooga, TN. It has manufacturing facilities in Mexico, France, England, and Turkey. It has a broad customer base serving more than 170 customers in 25 countries.
"This acquisition is a solid step forward in our strategy to broaden our global presence and enhance scale in the gas component supply base," said Eric Griesemer, president and CEO of Burner Systems. "We will leverage CEM's qualified products and strong customer relationships in the South American and Central American markets along with Burner Systems complementary components and development capabilities to yield greater value for the customer base in this region."
to Daily News