NIBCO completes acquisition of Milwaukee Valve
NIBCO INC. announced today it completed the acquisition of Milwaukee Valve Company.
NIBCO Chairman Rex Martin said: “We are thrilled to build upon and deepen Milwaukee Valve’s long history of high standards of manufacturing excellence and serving its customers. Our interest in Milwaukee Valve was driven by our admiration for its multi-generational family-owned history, strong corporate culture and long term performance, which are consistent with NIBCO’s core values.“
Milwaukee Valve will continue to operate separately as a wholly-owned subsidiary of NIBCO, with no changes to their sales, customer service, administrative, manufacturing or distribution operations. Rick Giannini, chief executive officer of Milwaukee Valve, will continue to lead the business supported by the experienced leadership team at Milwaukee Valve who will remain in place in their current roles.
Milwaukee Valve Co. was established in Wisconsin in 1901. Milwaukee Valve is a leading global producer of high-quality, high-precision valves to the commercial, industrial and Navy marine markets including ball, gate, globe, check, butterfly, high performance butterfly, specialty marine and lead-free valves.
With its two main U.S. manufacturing facilities located in New Berlin and Prairie du Sac, Wis., and its China manufacturing facility located in Tonglu, China, Milwaukee Valve offers more than 6,000 items including its UltraPure brand of lead-free valves, and is a critical and long-standing supplier to the U.S. Navy. For more information, visit www.milwaukeevalve.com.
Founded in 1904, NIBCO is a leading provider of valves, fittings, and flow control products for commercial, industrial and institutional construction, as well as residential and irrigation markets. NIBCO is headquartered in Elkhart, Ind., and has 10 manufacturing plants located throughout the United States, Mexico and Poland. Visit NIBCO.com for information on the complete line of NIBCO products.