MUELLER INDUSTRIES INC acquires Elkhart Products Corporation
The deal at a glance
MUELLER INDUSTRIES INC acquired Elkhart Products Corporation for approximately $38.2 million in cash at closing, net of cash acquired and working capital adjustments, a transaction completed in August 2024, structured as all cash.
Elkhart Products Corporation operates in Piping Systems (Domestic Piping Systems Group), is based in Elkhart, Indiana and Fayetteville, Arkansas, United States. Elkhart is a U.S. manufacturer of copper solder fittings with two manufacturing locations in Elkhart, Indiana and Fayetteville, Arkansas.
The business complements the Company's existing business within the Piping Systems segment where the operating results are included in the Domestic Piping Systems Group subsequent to the acquisition date.
Established domestic copper solder fittings manufacturer expanding Mueller's Piping Systems footprint. Domestic Piping Systems Group (Piping Systems segment)
No advisory firms have been disclosed for this transaction.