NIBCO Completes Acquisition of Milwaukee Valve
Milwaukee Valve will continue to operate separately
ELKHART, Ind. — NIBCO INC. announced it completed the acquisition of Milwaukee Valve Company.
“We are thrilled to build upon and deepen Milwaukee Valve’s long history of high standards of manufacturing excellence and serving its customers,” NIBCO Chairman Rex Martin said. “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.
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