Backer has reached an agreement to acquire 60% of the outstanding shares in BriskHeat Corporation.
Backer has also agreed to acquire the remaining 40% of BriskHeat´s outstanding shares at a later time. BriskHeat, of Columbus, Ohio, will become part of Backer North America.
BriskHeat was founded in 1949 and has about 650 employees. They are the world´s largest cloth heating jacket manufacturer, providing flexible surface heating elements, controls and accessories for a variety of end markets, mainly for the semiconductor industry, but also for the composite, petrochemical, plastics and consumer product industries.
BriskHeat will continue to run its operations and support its global customer base from its Columbus, Ohio and Vietnam production locations as well as from its sales and warehouse facilities in Taiwan, China and the Netherlands.