Eberhart Capital Acquires Unitherm Furnaces
Privately held Eberhart Capital LLC of Scottsdale, Ariz., acquired Unitherm Furnaces LLC. Wentzville, Mo.-based Unitherm Furnaces is a manufacturer of industrial furnaces and ovens commonly used in metal forging and ceramics manufacturing processes. The company is well known for heat-treatment furnaces that focus on energy efficiency and ease of maintenance. This acquisition is a continuation of Eberhart Capital’s strategic initiative to add heavy industrial companies with successful track records and high-quality manufacturing. Unitherm Furnaces joins oilfield service manufacturer Luft LLC. According to Unitherm Furnaces, the acquisition will not mean any immediate changes to company policies, and current leadership will remain in place.