Deschenes To Acquire Anvil's Canadian Distribution Business
Montreal-based Deschenes
Group Inc. (DGI) has signed an asset purchase agreement to acquire
the Mueller Flow Control (MFC) division of Mueller Canada Ltd. from Anvil International.
The acquisition is subject to regulatory approval and customary closing
conditions. It is expected to close in early January 2010. MFC is a leading PVF
distributor with 17 locations and 216 employees. "Anvil's strength as a
manufacturer and Deschenes' strength as a leading distributor complement one
another," said Anvil President Tom Fish. "This transaction allows us
to focus on our manufacturing and sourcing operations while leveraging our
relationship with Deschenes."
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