American Standard Acquires Safety Tubs
American Standard Brandshas acquired Safety Tubs, LLC, a privately held U.S. business specializing in the design and manufacturing of walk-in bathtubs for those with limited mobility, including the elderly, obese and disabled.
American Standard has been marketing Safety Tubs products under the American Standard brand to various channels for several years already. Safety Tubs will now operate independently as a subsidiary of American Standard Brands called Safety Tubs Co., LLC, and will be part of a dedicated division for Assisted Living.
Safety Tubs CEO,Rob Buete, will become vice president and general manager of Safety Tubs and Assisted Living, reporting toDon Devine, president and CEO of American Standard Brands. The Safety Tubs business, based in Grand Prairie, TX, will remain in its current location. Terms of the purchase were not disclosed.
For the complete press release, read here.