Krausz Industries News
2 articles
growth-positive
Mueller Water Products buys Israeli co Krausz for $140m
Mueller Water Products Inc. has announced its definitive agreement to acquire Krausz Industries Ltd., an Israeli manufacturer of pipe couplings, grips, and clamps, for $140 million in cash. The acquisition aligns with Mueller Water Products strategic focus on product and geographical expansion, and will position the company in the growing pipe repair market. Once the transaction is closed, Krausz Industries will become part of Mueller Water Products Infrastructure segment. The acquisition is expected to close in December 2018.
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http://www.waterworld.com/articles/2014/12/krausz-usa-celebrates-its-first-anniversary-in-ocala-florida.html
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