Oatey Co. (Oatey), a leading player in the HVAC industry since 1916, announced today that its subsidiary has acquired Durgo (Durgo), a specialist developer and manufacturer of air admittance valves (AAV) and other pressure regulating valves based in Stockholm, Sweden.
For more than 100 years, Durgo has been a leading manufacturer and a highly respected brand in the plumbing industry throughout Europe and Asia. With a strong commitment to its Swedish craftsmanship tradition, the company has also embraced state-of-the-art technology to continue achieving high standards of quality and safety.
“We are extremely excited to add Durgo, its outstanding employees and its manufacturing capabilities to our organization as we continue to expand our global footprint,” said Neal Restivo, CEO of Oatey.
“Since its inception in 1921, Durgo has been committed to developing and manufacturing with precision and care to deliver high-quality products to our customers,” said Hans Widell, CEO of Durgo. “We look forward to continuing our craftsmanship tradition as part of Oatey, a company that shares our commitment to quality and excellence.”
About Oatey Co.
Since 1916, Oatey has been providing reliable, high-quality products to the residential and commercial plumbing industry, with a commitment to delivering quality, building trust and improving lives. Today, Oatey operates an extensive manufacturing and distribution network to supply thousands of products to professional builders, contractors, engineers and do-it-yourself consumers around the world.
Oatey is headquartered in Cleveland, Ohio, and has facilities in the United States, Canada, Mexico, China and the Netherlands. For more information, visit www.oatey.com, call (800) 321-9532 or follow Oatey on Facebook, Twitter, LinkedIn or Instagram.
Contact:
Oatey Co.
Amanda Keiber
Director, Corporate Communications
akeiber@oatey.com