M&A Deal Summary

Homewerks Acquires BrassCraft Manufacturing - Cobra Drain Tools Product Line

On March 13, 2023, Homewerks acquired manufacturer BrassCraft Manufacturing - Cobra Drain Tools Product Line from BrassCraft Manufacturing

Acquisition Highlights
  • This is Homewerks’ 1st transaction in the Manufacturing sector.
  • This is Homewerks’ 3rd transaction in the United States.
  • This is Homewerks’ 1st transaction in Michigan.

M&A Deal Summary
Date 2023-03-13
Target BrassCraft Manufacturing - Cobra Drain Tools Product Line
Sector Manufacturing
Buyer(s) Homewerks
Sellers(s) BrassCraft Manufacturing
Deal Type Divestiture

Target

BrassCraft Manufacturing - Cobra Drain Tools Product Line

Novi, Michigan, United States
BrassCraft Manufacturing's Cobra Drain Tools Product Line provides drain augers, drum augers, plungers, hair snakes, bladders, cable drum machines, and other manual and power drain cleaning tools.

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Buyer(S) 1

Buyer

Homewerks

Lake Bluff, Illinois, United States
Category Company
Founded 2006
Sector Building Materials
DESCRIPTION

Homewerks develops, sources, and markets bathroom, kitchen, and plumbing products for home and commercial use under the Homewerks, Home NetWerks, Home2O, Tosca, and Aqua Vista brand names. Homewerks was founded in 2006 and is based in Lake Bluff, Illinois.

DEAL STATS #
Overall 3 of 3
Sector (Manufacturing) 1 of 1
Type (Divestiture) 3 of 3
State (Michigan) 1 of 1
Country (United States) 3 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-31 Waxman - Shower & Specialty Plumbing Product Lines

Bedford Heights, Ohio, United States

Waxman's Shower & Specialty Plumbing Product Lines provides a broad range of products including showerheads, shower accessories, faucets, valves, and packaged plumbing repair.

Buy -

Seller(S) 1

SELLER

BrassCraft Manufacturing

Novi, Michigan, United States
Category Company
Founded 1946
Sector Building Materials
DESCRIPTION
BrassCraft Manufacturing headquarters in Novi, Michigan.
BrassCraft Manufacturing headquarters in Novi, Michigan.

Brasscraft Manufacturing Company is a designer, manufacturer, and distributor of plumbing products for the new construction and repair and remodel markets. BrassCraft has facilities in Michigan, New Jersey, North Carolina, California and Texas. Brasscraft Manufacturing was formed in 1946 and is based in Novi, Michigan.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
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