Elwell Corporation Announces its Acquisition of Gold Heat – RVBusiness – Breaking RV Industry News
WASHOUGAL, Wash. –Elwell Corporation announced in a press release that it and Ken Millard of Aries Engineering have entered into an agreement where Elwell Corp will acquire Gold Heat and all its assets. The sale is scheduled to close December 31, 2023.
Elwell Corp. has actively worked as the sales representative for Gold Heat since 2010 and has been long familiar with their heated flooring. Elwell Corp will bring Gold Heat’s entire brand, product family, manufacturing team and employed processes into their facilities in Washougal, Wash.
Underfloor heat in Class A coaches was not the standard when Elwell Corp and Ken Millard with Gold Heat started working together in 2010.
“Together, we have enjoyed the journey of making Gold Heat the gold standard for luxury motorhomes. We are excited to continue Gold Heat’s legacy and growing the family of floor heat solutions in the years to come. A big portion of Elwell Corp’s already-existing products focus on comfort, making the acquisition of the Gold Heat brand a perfect fit for our company vision, sadi Ken Elwell, president, Elwell Corporation.
The only change for Gold Heat customers will be the address and ownership. Elwell Corp will continue to supply the industry with the same high-quality floor heat mats to which they are accustomed. More information will be coming in the weeks ahead. Please note the listed websites: www.goldheat.com and www.elwellcorp.com
Gold Heat custom-designs and manufactures electric and radiant floor heat mats that are installed by luxury motorcoach manufactures, tiny house builders, professional kitchen and bath remodelers, and flooring installers.
Elwell Corporation is a family-owned and operated firm that specializes in providing innovative technical products to the Recreational Vehicle and Marine markets. Our family has been active in the industry for over 25 years, with a goal to enhance and improve the RV lifestyle.
Source: https://rvbusiness.com/elwell-corporation-announces-its-acquisition-of-gold-heat/
