November 30, 2017

Seeley International is pleased to announce its acquisition of commercial and industrial HVAC business Integrated Comfort Inc (ICI), a leading and well-respected Sacramento-based manufacturer of highly efficient patented evaporative pre-cooling products.

Seeley International Group Managing Director, Mr Jon Seeley said the purchase of the ICI brand perfectly complements and extends Seeley’s hyper-efficient commercial product range, and presents opportunity to fast-track the company’s international expansion plans in the US.

“This acquisition is a perfect fit for both organisations, strengthening our presence in the lucrative US market and supporting our trajectory growth to become a $1bn company,” Mr Seeley said.

“As a market leader, Seeley International is always looking at opportunities to invest in innovative companies that share common values and offer hyper-efficient products that can complement our own award-winning solutions. We have been very impressed by ICI and its highly-successful DualCool commercial and industrial cooling technology,” he said.

“We look forward to ICI continuing to operate under its existing brand and management team, with the added global support that comes with being part of the broader Seeley International Group.”

ICI DualCool strengths include an impressive and reliable on-time delivery, successful warranty and service program and a controls integration system that maximises energy savings. The business has now successfully completed the installation of DualCool evaporative pre-coolers in more than 380 Walmart and Sam’s Club stores across the country, which equates to more than 2570 DualCool units.

ICI’s DualCool product will now become part of Seeley International Group’s extensive portfolio that includes the trusted brands, Breezair, Climate Wizard, Coolerado, Convair, Coolair and Braemar.

ICI President and CEO, Mr Dick Bourne, said ICI customers would ultimately benefit from Seeley International’s extensive market experience, award-winning product lines, and its unwavering commitment to innovation.

“Seeley International is fast developing a reputation on a global scale as a HVAC leader, and having ICI as part of the Seeley International Group will offer unrivalled benefit to our customers through a much broader range of heating and cooling solutions,” Mr Bourne said.

“ICI is committed to helping customers improve their energy efficiency and better manage costs without compromising the comfort of their buildings. This exciting new collaboration with Seeley International will support our sustained growth and expansion in the years ahead,” he said.

“While it will be business as usual for ICI customers, they will now have added peace of mind knowing that they are now also supported and backed by the Seeley International Group’s extensive knowledge of commercial and industrial products.”

Founded in 1992, Integrated Comfort Inc. (ICI) has been dedicated to improving the efficiency and cost-effectiveness of cooling systems for buildings. Since 2001, ICI has focused on marketing the DualCool patented evaporative pre-cooling technology that delivers large kW and kWh reductions on packaged rooftop cooling units.

Seeley International’s acquisition of ICI complements its purchase of Denver-based Coolerado Corporation in 2015 and more recently its acquisition of the Australian-based AIRA business in 2016.

About Seeley International

Seeley International is Australia’s largest air conditioning manufacturer and is market leader in the design and manufacture of ducted and portable heating and cooling products for the domestic, commercial and industrial markets in Australia.

Renowned for its innovation, Seeley International’s brands include Breezair, Braemar, Climate Wizard, Convair, Coolair, AIRA and Coolerado. Based in Adelaide’s south – and with factories in Adelaide (evaporative coolers) and Albury (gas heaters, refrigerated and commercial cooling) – the company was founded in 1972 by Frank Seeley AM, who remains Executive Chairman.

Unlike many of its competitors, Seeley International continues to design and manufacture most of the components for its Australian made products, which it exports to more than 100 countries around the world.

Seeley International’s global expansion continues with acquisition of California-based Integrated Comfort Inc.