DeZURIK to Acquire APCO Willamette
Tuesday, March 15, 2011
DeZURIK, Inc. Sartell, Minnesota, has reached a
definitive agreement to acquire APCO Willamette, a leading producer of check
valves, air valves and AWWA ball valves effective March 31, 2011. The addition
of APCO products and operations to those of DeZURIK creates one of the broadest
engineered valve companies in the industry.
Under terms of the asset purchase agreement, DeZURIK will
acquire all APCO products and production capability. APCO operations will
continue in their present facilities which include a manufacturing plant in
Schaumburg, Illinois and a sales office in San Clemente, California. The APCO
and Willamette names, both well respected in the marketplace, will be retained
as brands of DeZURIK, Inc. Consolidated business operations will be directed
from DeZURIK corporate headquarters in Sartell, Minnesota. More…
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