Janesville, WI, November 13, 2010 – Lanair Holdings LLC announced the acquisition of Clean Burn, Inc, a niche manufacturer of waste oil heaters and related equipment in Lancaster, PA. Terms of the transaction were not disclosed.
For over 25 years, Clean Burn, Inc has been the world leader in the manufacturing and selling of used oil heaters and boilers. Clean Burn distributes its products through the largest and strongest distribution network in the world. Lanair Holdings, while maintaining the Clean Burn distribution network, will continue to sell the Lanair brand of heaters factory direct to end users. Barry Brandt, President and Chief Executive Officer of Lanair Holdings said, “I am excited about the addition of Clean Burn to our line-up of products. Clean Burn’s leading market position and strong distribution network will compliment our existing products and significantly strengthen our market position. Their products’ quality and reputation are second to none.”
The business will be operated as Clean Burn, LLC, a wholly owned subsidiary of Lanair Holdings LLC. Lanair Holdings LLC is a holding company that also owns Lanair Products, LLC.
Lanair Products is a Wisconsin-based manufacturer of air comfort solutions. Lanair specializes in EPA approved and UL listed waste oil heaters that reduce energy costs and help the environment. For more information on Lanair, visit www.lanair.com or call 1-800-753-1601.