ZSi-Foster Completes Acquisition of Hydra-Zorb
CANTON, Mich. — ZSi-Foster Inc., an Ideal Tridon company, announced that it has completed the acquisition of Hydra- Zorb Company. Terms of the transaction were not disclosed.
“The Hydra-Zorb organization is excited to bring our products into the ZSi-Foster and Ideal Tridon family,” said Bob Dodge, CEO of Hydra-Zorb. “This transaction combines our deep industry and product knowledge with that of ZSi-Foster and Ideal Tridon and provides our customers with complementary brands that represent the best clamp, pipe, hose support, and HVAC accessory products available on one comprehensive platform. The combination puts a stamp on our company legacy and will add tremendous value to our customers.”
“We have great respect for the Hydra-Zorb organization,” said Rick Stepien, CEO of Ideal Tridon. “Their strong products and commitment to quality and service align well with the Ideal Tridon mission. Their innovation with the original Hydra-Zorb clamp and Klo-Shure insulation clamp along with recent product additions designed for the high growth mini-split market is a testament to their vision. Together with ZSi-Foster and the companies in the Ideal Tridon Group, we now offer our customers a complementary and expansive range of the top clamping, hose and pipe support products in the world. We could not be more excited about the future.”