Strategies & Innovations
Boshart Industries acquires Flomatic Corporation
January 2, 2013 By administrator
Jan. 2, 2013, Milverton, Ont. – Boshart Industries completed the
acquisition of Flomatic Corporation on Dec. 21, 2012, in a share
purchase transaction from Watts Water Technologies, Inc.
Jan. 2, 2013, Milverton, Ont. – Boshart Industries completed the acquisition of Flomatic Corporation on Dec. 21, 2012, in a share purchase transaction from Watts Water Technologies, Inc.
The sale excludes the backflow product line of Flomatic Corporation, which was retained by Watts. Flomatic Corporation is based in Glens Falls, N.Y., and has been in the business of manufacturing valve products for water and wastewater for more than 80 years, specializing in check, foot, gate, butterfly and automatic control valves for the water well industry. Flomatic is an ISO 9001- and 14001-certified company with ARRA compliant and lead-free products.
Boshart Industries has been in business for more than 55 years, supplying the plumbing and water well markets. “This acquisition will only strengthen both companies as we both share the same vision and commitment to excellence,” said Gary Boshart, owner of Boshart Industries, in a company release. No changes are anticipated in the management of either Boshart or Flomatic operations.
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