Announced
Completed
Financials
Sources
Tags
Acquisition
United States
Private
plumbing and industrial products
Domestic
Completed
Single Bidder
Majority
Building Roofing/Wallboard and Plumbing
Friendly
Synopsis
NIBCO, a provider of valves, fittings, and flow control products for commercial, industrial and institutional construction, completed the acquisition of Matco-Norca, a sourcing company for plumbing and industrial products like valves, fittings, waterwork products. Financial terms were not disclosed. "This is an important and positive milestone in our company's history. Throughout this process, we've recognized many similarities between our history, culture, and our long traditions of operational excellence and outstanding customer service making for a smooth transition," Jack McDonald, Matco-Norca President.
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