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Zurn Water Solutions completed the merger with Elkay Manufacturing in a $1.56bn deal.

Synopsis

Zurn Water Solutions, a company that provides water solutions and products, completed the merger with Elkay Manufacturing, a commercial drinking water solutions provider, in a $1.56bn deal. “This transaction is a true game-changer as we create an even stronger pure play water company by combining with the iconic brand, Elkay. The combination puts us well on our way to doubling the size of the business over the next couple of years while enhancing our competitive advantage within specified water solutions. We also add the high-growth, and increasingly essential, drinking water sector in our portfolio and have a clear path to capitalize on the significant synergies the combination will generate,” Todd A. Adams, Zurn Water Solutions Chairman and CEO.

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