American Event Services Acquires HVAC and Plumbing Systems Manufacturer Canariis Corporation
HVAC and pump systems manufacturer American Event Services has acquired Canariis Corp., a privately owned manufacturer of custom UL-listed packaged HVAC, plumbing and fire-protection systems. Under terms of the agreement, Riverview, Fla.-based Canariis will operate as a wholly owned subsidiary of AES under the leadership of Steven St. John, president of Canariis. St. John retains a significant ownership position in the combined companies. Tony Tauer, previously president of AES, has been named CEO of AES.
“Our years of working respectfully as peers and the common culture between the companies paved the way for this partnership,” Tauer said. “With the companies joining forces, our customers will benefit from the combined expertise and economies of scale of a more efficient operation.”
AES manufactures chillers, HVAC, pumps and power distributions systems exclusively for the specialized rental equipment industry. Canariis has a nationwide distribution network that markets its packaged systems for domestic water, HVAC, chiller plants, boiler plants and fire pump applications. Combined, AES and Canariis have four manufacturing locations totaling more than 150,000 square feet and 165 employees.
“I’m excited for the future of Canariis,” St. John said. “As part of AES, we immediately expand our manufacturing capacity to capitalize on significant growth opportunities in our industry. Employees of both companies will share their unique skill sets to efficiently create best-in-class customer solutions.”
Targeting the specialty rental segment, AES designs and manufactures customized equipment customized for fleet customers in industrial, municipal, construction and special event applications. For more information, visit www.americaneventservices.com.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.