Glen Dimplex to acquire Cadet

VANCOUVER, Wash. ― Cadet Manufacturing, which has made heating products since 1957, will be acquired by Ireland’s Glen Dimplex Group, the world’s largest manufacturer of electrical heating. Like Cadet, Glen Dimplex is a privately held company managed by its founding family. The sale will be effective at closing later this fall. Cadet will retain its name for the foreseeable future, maintain its headquarters in Vancouver, and continue to be overseen by its existing management team. Its founder and current CEO, Dick Anderson, will continue with the company in a consulting role. Current president, Hutch Johnson, who has been with the company since 1998, will be promoted to CEO.