Sale of Maxsys by Aloe Environment Fund
The purchase of Maxsys Fuel systems Ltd, a portfolio company of Aloe Environment Fund, by Selas Heat Technology was completed on October 28th.
David Bovenizer, CEO of Selas Heat Technology and Founder of Lionheart Ventures said, “We consider Maxsys as a significant acquisition for Selas in our commitment to offer our global customers a World of Combustion Solutions. Maxsys has a unique green technology that truly makes an impact in a world where we are faced with managing high energy costs and reducing emissions and carbon footprint.”
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