M&A Deal Summary |
|
|---|---|
| Date | 2022-02-14 |
| Target | Elkay |
| Sector | Consumer Products |
| Buyer(s) | Zurn Elkay Water Solutions |
| Sellers(s) | Cabinetworks Group |
| Deal Type | Divestiture |
| Deal Value | 1.6B USD |
| Advisor(s) | Citigroup Investment Banking J.P. Morgan Securities (Financial) Mayer Brown (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Environmental |
| Employees | 1,300 |
| Revenue | 1.5B USD (2023) |
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 | 8 of 8 |
| Sector (Consumer Products) | 2 of 2 |
| Type (Divestiture) | 1 of 1 |
| State (Illinois) | 2 of 2 |
| Country (United States) | 4 of 4 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-01 |
Rexnord’s Process & Motion Control Business
Milwaukee, Wisconsin, United States Rexnord’s Process & Motion Control Business services clients and is based in Wisconsin. |
Sell | - |
| Category | Company |
|---|---|
| Sector | Building Materials |
| Revenue | 136M USD (2011) |
Cabinetworks Group is a manufacturer of kitchen and bath cabinets, offering a highly-diverse product portfolio of framed and frameless cabinetry that spans the continuum from value-priced options to nearly custom. The Company serves both the R&R and new construction markets through dealers, distributors, home builders, and home centers. Through its manufacturing facilities and service centers strategically located through the United States, Cabinetworks delivers iconic brands including Advanta®, Cabinets 2000, Cardell®, Design-Craft®, Echelon®, KraftMaid®, Master WoodCraft™, MasterCraft™, Medallion®, Merillat®, Modico™, QualityCabinets™, Schuler®, Serenade™, Smart®, Studio Full Access™, and Yorktowne®. Cabinetworks Group is based in Livonia, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Consumer Products) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Illinois) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-14 |
Zurn Elkay Water Solutions
Milwaukee, Wisconsin, United States 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. |
Buy | - |
