NIBCO Completes Acquisition of Milwaukee Valve
2019-11-21
ELKHART, Ind. – (November 21, 2019) NIBCO INC. announced today it
completed the acquisition of Milwaukee Valve Company.
NIBCO Chairman Rex Martin said, "We are thrilled to build upon and
deepen Milwaukee Valve’s long history of high standards of manufacturing
excellence and serving its customers. 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."
Milwaukee Valve will continue to operate separately as a wholly-owned
subsidiary of NIBCO, with no changes to their sales, customer service,
administrative, manufacturing, or distribution operations. Rick Giannini, chief executive officer of
Milwaukee Valve, will continue to lead the business supported by the
experienced leadership team at Milwaukee Valve who will remain in place in their current
roles.
Milwaukee Valve Company was established in Wisconsin in 1901. Milwaukee
Valve is a leading global producer of high-quality, high-precision valves to
the commercial, industrial, and Navy marine markets including ball, gate,
globe, check, butterfly, high performance butterfly, specialty marine, and
lead-free valves.
With its two main U.S. manufacturing facilities located in New Berlin
and Prairie du Sac, Wis., and its China manufacturing facility located in
Tonglu, China, Milwaukee Valve offers more than 6,000 items including its UltraPure®
brand of lead-free valves, and is a critical and long-standing supplier to the
U.S. Navy. For more information, visit www.milwaukeevalve.com.
About NIBCO INC.
Founded in 1904, NIBCO INC. is a leading provider of valves, fittings,
and flow control products for commercial, industrial and institutional
construction, as well as residential and irrigation markets. NIBCO is
headquartered in Elkhart, Ind., and has 10 manufacturing plants located
throughout the United States, Mexico, and Poland. Visit NIBCO.com for information on the
complete line of NIBCO products.