Rheem Acquires Chilean Water Heating Manufacturer CEM S.A.
Acquisition increases Rheem’s tankless, solar and tank water heating offerings in South America ATLANTA—Oct. 30, 2014–On Sept. 30, 2014, Rheem acquired CEM S.A., a public Chilean company that manufactures and distributes tankless, solar and tank water heating products. CEM S.A. sells its products under the Splendid brand name throughout South America. Splendid is the most […]