Mueller Water Products, Inc., which is headquartered in Atlanta, Georgia, recently announced that it has signed a definitive agreement to acquire Singer Valve, a manufacturer of automatic control valves, for CAD $34 million in cash.
Singer Valve designs and manufactures automatic control valves, offering engineered products for pressure management within water works. It also manufactures similar valves used in industrial, commercial and fire protection applications. This acquisition further positions Mueller Water Products to provide product offerings for pressure monitoring, pressure management and non-revenue water remediation with a combination of automatic control valves, pipe condition assessment and leak detection.
The transaction is expected to close during Mueller’s fiscal second quarter of 2017.