Fedders Corporation Sells Fedders Addison Company
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LIBERTY CORNER, N.J., Feb. 15 -- Fedders Corporation, a leading global manufacturer of air treatment products, announced that it has sold the assets and business of its Fedders Addison Company ("Addison") subsidiary to Roberts-Gordon LLC.
The sale was completed today, following last week's approval by the US Bankruptcy Court overseeing Fedders' bankruptcy proceedings. Addison is a manufacturer of commercial HVAC products and will now operate under the name Addison.
About Fedders:
Founded in 1896, Fedders Corporation is a leading global manufacturer of air treatment products, including air conditioners, furnaces, air cleaners and humidifiers for residential, commercial and industrial markets.
Source: Fedders Corporation
CONTACT: Brenda Adrian,
+1-212-573-6100,
or
Tom Becker
+1-212-573-6100
both for Fedders Corporation
Web site: http://www.fedders.com/
