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Stock impact report

Zurn Water Solutions Completes Combination with Elkay Manufacturing; Creates Unrivaled Leader in Sustainable Water Solutions

Zurn Elkay Water Solutions Corporation (ZWS) 
Company Research Source: Business Wire
MILWAUKEE--(BUSINESS WIRE)--Zurn Water Solutions Corporation (NYSE: ZWS) announced today that it completed the previously announced combination with Elkay Manufacturing Company, a market leader of commercial drinking water solutions.“The addition of Elkay is part of our ongoing strategy as a pure play water business to create significant value for our stakeholders,” said Todd A. Adams, Chairman and CEO of Zurn Elkay Water Solutions. “This combination brings together two iconic brands that serve the same end markets with complementary products, shared values and cultures – ultimately creating an unrivaled portfolio of water solutions in North America. Planning teams have worked to prepare for a smooth integration, and we remain confident in our ability to deliver on $50 million of synergy opportunities. Together we can provide customers the capability to advance their sustainability initiatives while reducing their initial and operating costs and providing a hygienic environment fo Show less Read more
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