Effective Nov. 1, The Chicago Faucet Co., a member of the Swiss manufacturer Geberit Group, has acquired 100 percent of the shares of W/C Technology Corp. (WCTC) from Masco Corp.
WCTC, Farmington Hills, Mich., develops innovative pressure tank technology for water closet (WC) flushing. With this acquisition, Geberit continues to increase its U.S. presence as part of its expansion and internationalization strategy. The company has combined U.S. sales of more than $90 million and employs over 400 people.