Mueller Water Products, Inc. has signed a definitive agreement to acquire Krausz Industries, Ltd., a manufacturer of pipe couplings, grips and clamps, for USD 140M in cash.
Krausz Industries provides a full suite of proprietary pipe couplings, grips and clamps under the HYMAX brand for the global water and wastewater industries. Once the transaction has closed, Krausz Industries Ltd. will become part of Mueller Water Products’ Infrastructure segment. Krausz’s product line of pipe couplings, grips and clamps are designed to address repair or pipe connection needs across a broad range of applications, pipe sizes and pipe materials.
The acquisition aligns with Mueller Water Products’ strategic focus on product and geographical expansion, and is complementary from product, distribution, customer, and manufacturing perspectives. This acquisition will also position Mueller in the growing pipe repair market.
