NIBCO completes acquisition of Milwaukee Valve
02 December 2019
NIBCO INC. announced that it has 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 its 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 global producer of high-quality, high-precision valves to the commercial, industrial, and 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.