Boshart
Industries announced it has completed the acquisition of
Flomatic Corp.
in a share purchase transaction from
Watts Water
Technologies. The sale excludes the backflow product line of Flomatic Corp.,
which was retained by Watts.
Flomatic
Corp. is based in Glens Falls, N.Y., and is a leading manufacturer of
high-quality valve products for water and wastewater for more than 80 years. The
company specializies in check, foot, gate, butterfly and automatic control valves
for the water well industry. Flomatic is ISO 9001 and 14001 certified company
with comprehensive manufacturing processes with ARRA-compliant and lead-free
products.
Gary Boshart, owner of Boshart Industries, said, “This acquisition
will only strengthen both companies as we both share the same vision and
commitment to excellence.”
No
changes are anticipated in the management of either Boshart or Flomatic
operations.
Source:
CIPH on behalf of BoshartLinks
