Oatey acquires Durgo, expanding footprint in European and Asian plumbing markets
Oatey Co., a leading manufacturer in the plumbing industry since 1916, today announced that its affiliate has acquired Aktibolaget Durgo (Durgo), a specialty developer and manufacturer of air admittance valves (AAVs) and other pressure regulating valves based in Stockholm, Sweden.
For more than 100 years, Durgo has been a leading manufacturer and highly respected brand in the plumbing industry throughout Europe and Asia. With a strong commitment to its Swedish craftsmanship tradition, the company has also embraced state-of-the-art technology to continue to achieve high standards of quality and safety.
“We are extremely pleased to add Durgo, its outstanding associates and its manufacturing capabilities to our organization as we continue to expand our global footprint,” says Neal Restivo, Chief Executive Officer at Oatey.
“Since its founding in 1921, Durgo has been committed to development and manufacturing with precision and care to deliver high-quality products for our customers,” says Hans Widell, Managing Director of Durgo. “We are looking forward to continuing our tradition of craftsmanship as a part of Oatey, a company that shares our commitment to quality and excellence.”
For more information about Durgo, visit durgo.se.
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