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Mueller Water Products

Machinery and Industrial Automation
Multinational United States Founded 2005
Last Update Nov 21, 2024

Mueller Water Products News

1 article
Nov 5, 2018 · en.globes.co.il
growth-positive
Mueller Water Products buys Israeli co Krausz for $140m
Mueller Water Products Inc., a US-based water infrastructure company, has announced its acquisition of Krausz Industries Ltd., an Israeli manufacturer of pipe couplings, grips, and clamps, for $140 million in cash. Krausz, known for its HYMAX brand, has a strong presence in the global water and wastewater industries and generates 75% of its revenue in North America. The acquisition aligns with Muellers strategic focus on expanding its product and geographical reach, particularly in the growing pipe repair market. The transaction is expected to close in December 2018, subject to customary conditions. Both companies express optimism about the merger, highlighting shared values in innovation and customer service.
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