Multistack Acquires Budzar Industries
Multistack, LLC has acquired Budzar Industries. Based in Willoughby, Ohio, Budzar Industries manufactures custom temperature control and pumping systems for the rubber, chemical, pharmaceutical and food industries. Budzar Industries has operations in Willoughby as well as in Jiaxing, China. Desert Aire is a subsidiary of Multistack, LLC.
In a statement Charles Kenyon, CEO of Multistack, said, “We are thrilled to have Budzar join us as we continue with our long-term plan of growth. Budzar, like Desert Aire (acquired January 2017) and Standard Refrigeration (acquired October 2017) fits well within that growth plan. All of our companies have industry-leading reputations as well as cultures that emphasize innovation, quality and customer support.”
Desert Aire’s Keith Coursin, president, said, “We welcome the employees of Budzar Industries as they join us on the Multistack team.”
The acquisition of Budzar Industries by Multistack will not impact Desert Aire’s employees, customers, sales organization and rep network, or product line. Like Desert Aire, Multistack will operate Budzar as a wholly owned subsidiary.
Desert Aire Media Contact: Tom Purdy; firstname.lastname@example.org.