Pinnacle Climate Technologies™, the world leader in portable heating and ventilation equipment is pleased to announce the acquisition of Schaefer Ventilation Equipment.
Schaefer, a privately held company based in Sauk Rapids, Minnesota, has over 60 years of market-leading history in the design, manufacture, marketing and distribution of ventilation equipment for the agricultural, industrial and commercial markets. Schaefer’s market strength includes several leading product brands including the Americ® line of confined space ventilators, Versa-Kool® circulation fans, SuperCooler™ dairy cooling systems and Waycool® & Pro-Kool® evaporative coolers.
“We are excited about the market opportunities Pinnacle brings to Schaefer’s line of products. Pinnacle has tremendous global reach, and the addition of new distribution in Europe, Asia and South America will speed the global market development strategies already underway. Combining our business also provides the opportunity to strengthen Schaefer’s customer relationships with a broader range of products and a stronger and deeper organization.”
– Neil Crocker, President at Schaefer
Mr. Crocker will remain with the combined company as president of Schaefer Ventilation, continuing to lead the strategic development of key products and markets. Schaefer will continue to operate from its headquarters in Sauk Rapids, Minnesota. Jim Brower, Pinnacle’s CEO explains “The Management team at Schaefer, under Neil’s leadership have contributed to bring about an evolution of products which has helped establish Schaefer as the global expert in ventilation products for agricultural and horticultural applications. Our strategy is to continue that tradition of excellence.”
The acquisition of Schaefer strengthens Pinnacle’s market position in portable ventilation products; Schaefer’s strong brand presence and reputation for quality is unparalleled in the markets it serves. The combined company will continue to leverage its strong brands, exceptional products and manufacturing presence and to further secure a competitive position with its unique supply chain advantages in the core product categories it serves.
About Pinnacle Climate Technologies™
Pinnacle is a global developer, manufacturer, marketer and distributor of portable heating and ventilation products sold through commercial, industrial, agricultural, DIY and other retail channels throughout the world. With offices throughout North America and Asia Pinnacle serves a diverse customer base in over 25 countries, on every continent. With brands that include MASTER®, Remington®, Pro-Temp®, Heat Stream®, Pinnacle is positioned as the global leader in industrial/construction heat, and portable ventilation products.
About Schaefer Ventilation Equipment
Schaefer Ventilation Equipment designs, manufactures and distributes powerful, reliable, cost effective and energy efficient ventilation and thermal comfort products for the agricultural, industrial, commercial and government markets through an extensive network of dealers and resellers in the U.S. and internationally.
For more about Pinnacle’s complete line of products,
For more about Schaefer Ventilation Equipment,
visit www.schaeferventilation.com call 800.779.3267 or email firstname.lastname@example.org.
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