Taua I le Toeitiiti $10 Piliona! O le Kamupani Sink Stainless Steel Tele I le U.S. Na Maua. E iai lona falegaosimea i Saina.

Taua I le Toeitiiti $10 Piliona! O le Kamupani Sink Stainless Steel Tele I le U.S. Na Maua. E iai lona falegaosimea i Saina.

Milwaukee-fa'avae U.S. water systems solutions company Zurn Water Solutions Corp. said Feb. 14 it has reached an agreement with Elkay Manufacturing Co. to acquire Elkay in an all-stock transaction. Zum Water Solutions stock closed Feb. 14 at Zurn Water Solutions stock closed at $33.40 on Feb. 14, luga 12.1 percent from its Feb. 11 closing price.

E taua Elkay i $1.56 piliona (e tusa ma le RMB 9.888 piliona). Upon closing of the transaction this summer, Zurn (Nyse: ZWS) will change its name to Zurn Elkay Water Solutions, and upon closing, O tagata e umia sea Zurn Water Solutions o le a umia pe tusa 71 pasene o le kamupani tu'ufa'atasi, ae o le a umia e le au fai sea Elkay pe tusa 29 pasene o le kamupani tu'ufa'atasi.

Todd Adams, taitaifono ma le Pule Sili o Zurn, fai mai o le mauaina o se laasaga taua i le sini a Zurn o le faaluaina o lona tele i nai tausaga o lumanai.. O le kamupani tele foi lea ua siitia mai i le taimi nei talu ona alu ese le Zurn Water Solutions mai lana kamupani tuafafine, Rexnord, ia tutoatasi.

Faavae i 1920, Aiken has been family-owned and operated and is the largest stainless steel sink company in the United States. O ana oloa ofoina atu ua faalautele e aofia ai atigipusa, falai, vai malulu, vaipuna vai inu ma umukuka fale ma pisinisi ma mea ta'ele. Aiken’s brands include Elkay, Dayton ma Halsey Taylor, ma o le kamupani e iai fale i totonu o le Iunaite Setete, Saina ma Mekisiko.

Elkay (Saina) sa faatuina i 2005, and it has a registered capital of 110 miliona yuan. It has a manufacturing base in Zhuhai, Guangdong, and branch offices in Beijing, Shanghai ma Shenzhen.

Adams said the merger of the two companies will provide a suite of innovative, water-specific solutions for water safety, water quality and water conservation in key markets such as education and healthcare. The combined company will continue to trade on the New York Stock Exchange under the ticker symbol ZWS and will be headquartered in Milwaukee. O le a tausia foi e le kamupani galuega i le eria o Chicago, where Aiken is located.