M&A Deal Summary

Zurn Elkay Water Solutions Acquires VAG

On July 26, 2011, Zurn Elkay Water Solutions acquired machinery company VAG for 175M EUR

Acquisition Highlights
  • This is Zurn Elkay Water Solutions’ 1st transaction in the Machinery sector.
  • This is Zurn Elkay Water Solutions’ 3rd largest (disclosed) transaction.
  • This is Zurn Elkay Water Solutions’ 1st transaction in Germany.
Investment Fate
  • VAG was divested to a consortium of buyers in 2018.

M&A Deal Summary

Date 2011-07-26
Target VAG
Sector Machinery
Buyer(s) Zurn Elkay Water Solutions
Deal Type Add-on Acquisition
Deal Value 175M EUR

Target

VAG

Mannheim, Germany
VAG Group develops, produces and sells industrial fittings for the water supply and drainage sectors. VAG was founded in 1872 and is based in Mannheim, Germany.

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Buyer(S) 1

Buyer

Zurn Elkay Water Solutions

Milwaukee, Wisconsin, United States

Category Company
Founded 2006
Sector Environmental
Employees1,300
Revenue 1.5B USD (2023)
DESCRIPTION
Zurn Elkay Water Solutions' corporate headquarters in downtown Milwaukee, Wisconsin.
Zurn Elkay Water Solutions' corporate headquarters in downtown Milwaukee, Wisconsin.

Zurn Elkay Water Solutions is a pure-play water business that designs, procures, manufactures, and markets a sustainable product portfolio of solutions to improve health, human safety, and the environment. The Zurn product portfolio includes professional-grade water control and safety, water distribution and drainage, finish plumbing, hygienic, environmental and site works products for public and private spaces. Zurn Elkay Water Solutions was founded in 2006 and is based in Milwaukee, Wisconsin.


DEAL STATS #
Overall 1 of 8
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 7
Country (Germany) 1 of 2
Year (2011) 1 of 1
Size (of disclosed) 3 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-17 Precision Gear

Twinsburg, Ohio, United States

Precision Gear Holdings (PGH) is a global supplier of custom gears and related equipment to some of the fastest-growing industries in North America, including wind power, aerospace and aviation, and oil and mining machinery and equipment.

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