Philips & Temro Acquires Idle Free Systems
Phillips & Temro Industries (“PTI”), a portfolio company of Audax Group, has announced that it has completed the acquisition of Idle Free Systems, Inc.
Headquartered in Madison, Wisconsin, Idle Free provides idle elimination auxiliary power unit (APU) solutions for over-the-road, day cab, and work truck markets.
The acquisition of Idle Free Systems expands PTI’s presence in both thermal systems and driver comfort. Butch Sumpter, CEO of PTI, said “Idle Free Systems is a highly innovative provider of complete, year-round idle elimination solutions for heavy duty and work trucks.”
Phillips and Temro Industries, headquartered in Eden Prairie, Minnesota, is a leading global supplier of engineered thermal solutions, systems and controls.
With facilities in North America, Europe, and Asia, the company serves the heavy duty truck, off- highway, oil & gas, power generation, automotive, and electric/hybrid vehicle end markets.
Category: General Update
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