Camus Hydronics Ltd. designs and manufactures condensing hydronic boilers and water heaters for the commercial, institutional, large residential and light industrial markets.
NewPoint was retained by the shareholders of Camus to sell the business. NewPoint approached a broad group of strategic and financial buyers and assisted the client with all aspects relevant to closing the transaction.
After generating significant interest in the business through a disciplined sale process, NewPoint helped identify and negotiate the deal that provided the most value to the Camus stakeholders. The purchaser was Cleaver-Brooks (a portfolio company of Harbour Group) which is a US. based competitor whose products lines and engineering expertise complement those of Camus.
For more information, please see the following press release.