Zurn Water merges with Elkay Manufacturing UPDATE
Milwaukee, WI- based Zurn Water Solutions Corporation is merging with Downers Grove, IL-based Elkay Manufacturing Company. The combined company will be renamed as Zurn Elkay Water Solutions, and will be headquartered in Milwaukee.
Zurn offers sustainable water solutions and products, and Elkay provides commercial drinking water solutions. The agreement will accelerate growth opportunities for both company brands.
“This transaction is a true game-changer as we create an even stronger pure play water company by combining with the iconic brand, Elkay,” says Todd A. Adams, chairman and CEO of Zurn Water Solutions. “The combination puts us well on our way to doubling the size of the business over the next couple of years while enhancing our competitive advantage within specified water solutions. We also add the high-growth, and increasingly essential, drinking water sector in our portfolio and have a clear path to capitalize on the significant synergies the combination will generate.”