Bradford White completes Keltech purchase
Bradford White Corp. concluded its asset purchase of Keltech from Bradley Corp. Keltech is a manufacturer of commercial and industrial tankless electric water heaters.
The acquisition expands Bradford White’s portfolio of commercial and industrial electric products to help satisfy the needs of a broader customer base and better position it for the ongoing adoption of electrification initiatives in communities throughout North America, Bradford White explained.
The Keltech acquisition also begins a new partnership between Bradford White and Bradley Corp. Bradford White will supply Bradley with the electric commercial tankless water heaters that complement their safety products, such as emergency eyewash and emergency safety shower stations.
“Initially, Bradford White’s Laars Heating Systems subsidiary will have primary responsibility for the sales and marketing of the Keltech electric tankless water heater line,” said Carl Pinto Jr., senior director of marketing communications. “Bradford White Water Heaters and Niles Steel Tank customers interested in the Keltech products can reach out to their representatives regarding product availability.”
Until further notice, current Keltech customers should continue to use their existing Keltech contacts for sales and service support, Bradford White added.
Anvil/Smith-Cooper acquires valve brands
Anvil and Smith-Cooper International, a portfolio company of Tailwind Capital, announced the acquisition of the ABZ and Quadrant Valve brands from parent company Forum Energy Technologies.
ABZ, located in Madison, Kansas, is a provider of resilient seated and high-performance butterfly valves, serving the industrial, processing, chemical, mining and data center markets. Quadrant, located in Broussard, Louisiana, is a provider of patented, quarter-turn specialty ball and butterfly valves, serving the chemical, petrochemical and upstream energy markets.
“The acquisition will enhance Anvil and Smith-Cooper International’s flow control portfolio with patented and industry-leading products and solutions,” said Jason Hild, CEO of Anvil/SCI. “We are confident these brand additions will bring outstanding product and service benefits to both organizations’ existing customers.”
ABZ and Quadrant valve brands will join an existing portfolio of flow control brands such as Anvil, FPPI, Gruvlok, SCI and Sharpe.
A.Y. McDonald acquires Val-Matic
A.Y. McDonald acquired Val-Matic Valve & Mfg. Corp., of Elmhurst, Illinois on Dec. 31. Val-Matic Valve was founded in 1966 by Andrew Nuter, and is a manufacturer of 14 valve product lines for the water and wastewater, industrial, commercial building construction and plumbing industries, with an additional manufacturing facility in Addison, Illinois.
“My management team and I are excited and proud to join the family-owned, historic company A.Y. McDonald,” Val-Matic President and CEO John V. Ballun said. “Val-Matic has a similar tradition of serving customers in the waterworks market for more than 50 years with quality products and services.”
Rob McDonald, A.Y. McDonald CEO, added: “We are excited to welcome Val-Matic into our family of companies. We look forward to continuing the success of Val-Matic and growing the company in the same manner as it has the past 54 years under the ownership and direction of the Nuter family. We will continue to invest in Val-Matic’s people and product lines to make this company even stronger and more successful in the years ahead.”
Each company will continue to operate independently with separate management, market strategies and sales operations.
Uponor wins prestigious local award
The Minneapolis/St. Paul Business Journal recently announced Uponor North America is the 2020 Manufacturing Sustainability Award honoree recognizing the commitment to conserving water, reducing waste, improving energy efficiency and empowering labor.
Each year, the Minneapolis/St. Paul Business Journal honors the region’s top manufacturing companies that drive the local economy with innovation and productivity at world-class levels. This marks the first time Uponor has won the prestigious award.
“Our commitment to sustainability is a powerful influence on our business, from product development to how we manage our scrap and conserve water – all of which ties into the success of our business,” said Bill Gray, president of Uponor North America.
Gray also noted that Uponor has long embraced the sustainability challenge, possessing a strong belief that businesses should be both profitable and responsible, while finding the most innovative solutions to support people, profit and the planet. The company is a pioneer in water and energy efficiency, with local and global sustainability programs aligned with four of the United Nations Sustainable Development Goals: Conserve water, reduce waste, improve energy efficiency and empower labor, the manufacturer explained.
Navien announces virtual product launch
After hosting a live virtual event this month for its new line of boiler and combi-boiler products, Navien will follow-up with a March 16 live virtual event to introduce its latest water heater innovations. The event will offer insight on the newest products from Navien and allow attendees to interact and ask questions live with the Navien team.
To register, visit www.navieninc.com/live.
REHAU promotes Troeger to CEO
REAHAU announced the promotion of Thomas Troeger from CMO to CEO of the Americas region. The regional executive board of REHAU Americas, with headquarters in Leesburg, Virginia, includes Troeger; Theo Haast, chief financial officer; and Terry Barnaby, head of operations (COO).
Haast, who headed the region as president and CFO since January 2019, has elected to refocus on his main and key responsibilities as CFO.
“We thank Theo for leading the region to improved profitability during the last two years, an important step in preparing the foundation for growth in the Americas,” said William Christensen, CEO REHAU Group.
During 14 years with REHAU, Troeger has developed through various positions with increasing responsibility, primarily in the areas of marketing and sales. He became director of the furniture solutions business division in North America in 2013 and then vice president of the division for the Americas region in 2015. Troeger joined the regional executive board in January 2019 as chief sales and marketing officer, with all the company’s non-automotive business divisions reporting to him.
“We are very pleased to promote an internal candidate into this key leadership role,” Christensen added. “Throughout his REHAU career, Thomas has demonstrated an ability to zero in on market opportunities, and inspire customer-focused innovation across all our divisions. As our Americas CEO, he will take on the additional challenge of championing our values of trust, reliability and innovation in support of our growth strategies.”
