Rheem acquires Intergas

Rheem manufacturing plant Fort Smith Arkansas (002)
Rheem manufacturing plant Fort Smith Arkansas

Intergas has joined Rheem’s Global Water Division, expanding its water heating and boiler portfolio for both residential and commercial applications worldwide.

Rheem acquired Intergas through its group entity, Paloma Rheem Global.

Intergas, a leading manufacturer of high-efficiency gas boilers and water heaters for the residential market, was described in a statement as the brand leader in the Netherlands for condensing boilers and its “market share is growing rapidly in the UK”.

Rheem’s head office is in Atlanta and is the only manufacturer in North America that produces heating, cooling, water heating, pool/spa heating, commercial boilers and commercial refrigeration products. Its products are available in more than 50 countries, with brands including Rheem, Raypak, Ruud, Eemax, EcoSmart, Richmond, Splendid, Solahart and EverHot.

“We are very pleased to welcome Intergas as an important part of our Global Water Division,” said Chris Peel, president and CEO, Paloma Rheem Global. “The addition of Intergas into the Rheem family of brands increases the breadth of our boiler and water heating offerings, while also providing Rheem with competitive solutions to meet consumer demands in Europe. Both Rheem and Intergas also proudly foster cultures of inclusion, and our organizations have a shared commitment to innovating all-new products that create a meaningful and positive environmental impact.

Intergas’ headquarters will remain in Coevorden, Netherlands, and the Intergas brand name will remain unchanged.

Stephen Zouch, managing director of Intergas UK, added: “We are delighted to be joining Rheem at this very exciting time for our brand’s development in the UK. Rheem understands our core business and its leadership is committed to long-term growth plans for Intergas. We look forward to accelerating product innovations together with Rheem and expanding into new markets and regions in the future.”