Lanair Holdings, manufacturers of air comfort solutions, on Friday, Nov. 19, announced the acquisition of Clean Burn Inc., a Lancaster, Pa.-based manufacturer of waste oil furnaces and boilers used to transform used motor oils generated by cars, trucks, heavy equipment, boats and other vehicles into free heat. Terms were not disclosed.
Lanair Holdings, which specializes in waste oil heaters designed to reduce energy costs and help the environment, will maintain the Clean Burn distribution network. The company also will continue to sell the Lanair brand of heaters factory-direct to end-users. The business will be operated as Clean Burn LLC, a wholly-owned subsidiary of Lanair Holdings LLC.
“I am excited about the addition of Clean Burn to our lineup of top-quality used-oil products,” says Barry Brandt, president and chief executive officer of Lanair Holdings. “Clean Burn’s leading market position and strong distribution network will complement our existing products and significantly strengthen our market positioning. The quality and reputation of Clean Burn products are second to none, and we’re pleased to unite our two companies.”
