Kuhinja & Industrija kupatila Mainstream Media Kitchen & Bath Vijesti
Sa sjedištem u Milwaukeeju, SAD. water systems solutions company Zurn Water Solutions Corp. said on Feb. 14 that it has reached an agreement with Elkay Manufacturing Co. to acquire Elkay Inc. (Elkay) in an all-stock transaction. Zurn Water Solutions stock on Feb. 14 closed at $33.40, gore 12.1 percent from its closing price on Feb. 11.

Elkay je cijenjen $1.56 billion (približno $9.888 billion). Zurn (NYSE: ZWS) will change its name to Zurn Elkay Water Solutions after the deal closes this summer.
Upon completion of the transaction, Dioničari tvrtke Zurn Water Solutions posjedovat će otprilike 71 posto udruženog poduzeća, dok će dioničari Elkaya posjedovati približno 29 posto udruženog poduzeća.
Todd Adams, predsjednik i glavni izvršni direktor Zurna, rekao je da akvizicija označava važan korak prema Zurnovom cilju da udvostruči svoju veličinu u sljedećih nekoliko godina. To je ujedno i najveći potez tvrtke do danas otkako je Zurn Water Solutions izašao iz svoje sestrinske tvrtke, Rexnord, osamostaliti se.

Osnovano godine 1920, Elkay has been family-owned and operated and is the largest stainless steel sink company in the United States. Njegova ponuda proizvoda proširila se na umivaonike, slavine, hladnjake za vodu, fontane za piće te proizvodi za kuhinju i kupaonicu za stambene i poslovne prostore.
Elkay’s brands include Elkay, Dayton i Halsey Taylor, a tvrtka ima pogone u Sjedinjenim Državama, Kina i Meksiko.
Elkay (Kina) osnovana je godine 2005 with a registered capital of 110 Milijun juana. Its manufacturing base is in Zhuhai, Guangdong, and it has branches in Beijing, Šangaj i Šenžen.
The merger of the two companies will provide a suite of innovative water-specific solutions and offer water safety, water quality and water conservation services to key markets such as education and healthcare, Adams said. The combined company will continue to trade on the New York Stock Exchange. It will be traded under the ticker symbol ZWS and will be headquartered in Milwaukee. Tvrtka će također nastaviti poslovati na području Chicaga, where Elkay is located.
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