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Oatey Co. Acquires Aktibolaget Durgo, Expanding Footprint in European & Asian Plumbing Markets

PRIVATEMar 04, 2024

Acquiring Company

Oatey

Acquired Company

Aktibolaget Durgo

ClevelandSwedenManufacturing

Description

Oatey Co. (Oatey), a leader in the plumbing industry since 1916, has announced that its affiliate has acquired Aktibolaget Durgo (Durgo), a specialty developer and manufacturer of air admittance valves (AAVs) and other pressure regulating valves based in Stockholm, Sweden. This acquisition expands Oatey's footprint in the European and Asian plumbing markets and reinforces its commitment to delivering reliable, high-quality products for customers worldwide.

Quick answer

Oatey is acquiring Aktibolaget Durgo, announced March 4, 2024. Oatey is based in Cleveland, Ohio, United States.

How much did Oatey pay for Aktibolaget Durgo?
The deal value was not disclosed.
What does Oatey do?
Oatey Co. (Oatey) has been a leader in the plumbing industry since 1916, providing reliable, high-quality products for the residential and commercial plumbing industries with a commitment to delivering quality, building..
Where are Oatey and Aktibolaget Durgo based?
Oatey is based in Cleveland, Ohio, United States. Aktibolaget Durgo is based in Sweden.
Who are the decision-makers at Oatey?
Fundz holds 1 contact at Oatey. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Oatey

Location

Cleveland, Ohio, United States

About

Oatey Co. (Oatey) has been a leader in the plumbing industry since 1916, providing reliable, high-quality products for the residential and commercial plumbing industries with a commitment to delivering quality, building trust, and improving lives. With a comprehensive manufacturing and distribution network, Oatey supplies thousands of products for professional builders, contractors, engineers, and do-it-yourself consumers around the world.

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Frequently asked

Who acquired Aktibolaget Durgo?

Aktibolaget Durgo was acquired by Oatey, based in Cleveland. The deal was reported on March 4, 2024. Oatey Co. Oatey is privately held.

When did Oatey acquire Aktibolaget Durgo?

Oatey's acquisition of Aktibolaget Durgo was reported on March 4, 2024. Oatey Co. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Aktibolaget Durgo do?

Aktibolaget Durgo (Durgo) is a specialty developer and manufacturer of air admittance valves (AAVs) and other pressure regulating valves based in Stockholm, Sweden. It is privately held, operating in Manufacturing, and is based in Sweden.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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