NIBCO acquires Milwaukee Valve
The Wisconsin-based valve manufacturer supplies products for the commercial, industrial, and Navy marine markets including ball, gate, globe, check, butterfly, high performance butterfly, specialty marine and lead-free valves.
mergers and acquisitions
NIBCO Inc. has completed the acquisition of Wisconsin-based Milwaukee Valve Company. Established in 1901, Milwaukee Valve is a global producer of valves for the commercial, industrial, and Navy marine markets including ball, gate, globe, check, butterfly, high performance butterfly, specialty marine, and lead-free valves.
“Our interest in Milwaukee Valve was driven by our admiration for its multi-generational family-owned history, strong corporate culture, and long term performance, which are consistent with NIBCO’s core values,” said NIBCO chairman Rex Martin in a company release.
Milwaukee Valve will operate separately as a wholly-owned subsidiary of NIBCO, with no changes to its sales, customer service, administrative, manufacturing, or distribution operations. Rick Giannini, CEO of Milwaukee Valve, will continue to lead the business supported by the leadership team at Milwaukee Valve who will remain in place in their current roles.
With its two main U.S. manufacturing facilities located in New Berlin and Prairie du Sac, Wisconsin, and a manufacturing facility located in Tonglu, China, Milwaukee Valve offers more than 6,000 items, and all of the company’s factory operations are certified to the ISO 9001 standard for design and manufacturing control.
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June 20, 2021