Pinnacle Products International Acquires Schaefer Ventilation Equipment

Maritime Activity Reports, Inc.

October 12, 2015

Ventilation and thermal comfort products manufacturer Schaefer Ventilation Equipment has been acquired by Pinnacle Products International, Inc., a developer, manufacturer, marketer and distributor of heating and ventilation equipment.
With offices throughout North America and Asia, Pinnacle serves a diverse customer base in more than 25 countries, on every continent. Its brands include MASTER, Remington, Pro-Temp and Heat Stream.
The merger will grant Schaefer’s dealer network access to Pinnacle’s and Schaefer’s expanding product offerings. Particularly outside of North America, the addition of new distribution in Europe, Asia and South America will speed the global market development strategies already underway for both Schaefer and Pinnacle. 
Schaefer will continue to operate from its headquarters in Sauk Rapids, Minnesota under the Schaefer banner, and the current Schaefer management and sales leadership structure will remain in place.
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