Done deal: H2O Innovation closes on Leader sale
SWANTON, Vt.—The installation of a new $1 million state-of-the-art tubing extruder will be the first order of business following the H2O Innovation buyout of Leader Evaporator Co., a deal that closed on Thursday night during a ceremony at the Leader plant in Swanton. Paperwork was signed and champagne was flowing, as H2O became the new owners of the Leader Evaporator Co., which was founded in 1888 and reincorporated by a handful of prominent sugarmaking families as exclusive stockholders in 1964. Meanwhile, H2O Innovation is a publicly traded company from Quebec City, Que. with a $250 mill...
Source: themaplenews.com