Zurn Water Solutions Expands Sustainable Flow Systems Portfolio with Wade Drains Acquisition
November 17 2021 - 5:26PM
Business Wire
Zurn Water Solutions Corporation (NYSE: ZWS) announced today
that it expanded its high-quality flow systems portfolio with the
acquisition of the Wade Drains product line from McWane, Inc.
Founded in 1865, Wade manufactures a wide range of specified
commercial plumbing products for customers across North
America.
The acquisition leverages Zurn’s existing expertise in flow
systems to expand its market coverage and offer an additional brand
of drainage and environmental products.
“We have long respected McWane and we are excited to add the
Wade brand to our product offering,” said Craig Wehr, President of
Zurn Water Solutions. “Wade is a well-known brand and has a
long-standing history of engineering specifications that will
benefit the growth of our flow systems business.”
About Zurn Water Solutions
Headquartered in Milwaukee, Wisconsin, Zurn Water Solutions is a
growth-oriented, pure-play water business that designs, procures,
manufactures and markets what we believe is the broadest
sustainable product portfolio of solutions to improve health, human
safety and the environment. The Zurn Water Solutions product
portfolio includes professional grade water control and safety,
water distribution and drainage, finish plumbing, hygienic and
environmental, and site works products for public and private
spaces. Additional information about the Company can be found at
www.ZurnWaterSolutions.com.
Forward-Looking Statements
Information in this release may involve outlook, expectations,
beliefs, plans, intentions, strategies or other statements
regarding the future, which are forward-looking statements. These
forward-looking statements involve risks and uncertainties. All
forward-looking statements included in this release are based upon
information available to Zurn Water Solutions Corporation as of the
date of the release, and Zurn Water Solutions Corporation assumes
no obligation to update any such forward-looking statements. The
statements in this release are not guarantees of future
performance, and actual results could differ materially from
current expectations. Numerous factors could cause or contribute to
such differences. Please refer to “Risk Factors” and “Cautionary
Notice Regarding Forward-Looking Statements” in the Company’s Form
10-K for the transition period ended December 31, 2020 as well as
the Company’s annual, quarterly and current reports filed on Forms
10-K, 10-Q and 8-K from time to time with the SEC for a further
discussion of the factors and risks associated with the
business.
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version on businesswire.com: https://www.businesswire.com/news/home/20211117006377/en/
Investor Relations: Dave Pauli Vice President – Investor
Relations 414-223-7770
Media Relations: Angela Hersil Director – Corporate
Communications 855-480-5050 414-808-0199
Corporate.Communications@zurn.com
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