NIBCO announced it has acquired the valve assets of Webstone Co. The transaction was finalized on May 23, 2016. The new business unit will be named, “Webstone, a brand of NIBCO.”
“The acquisition will complement and enhance existing efforts NIBCO has put in place for superior design, innovation, and stability in residential, commercial, and industrial valves, while continuing to focus on patented engineered technology that meets high industry standards,” explained NIBCO Chairman and CEO Rex Martin. “We are confident that this acquisition will reinforce the unsurpassed product and exceptional service NIBCO is known for.”