Piping industry leaders Victaulic Co. and NIBCO Inc. announced that Victaulic has acquired full ownership of NVent LLC, a joint venture of the two companies located in Allentown, PA.
Under terms of the agreement, all manufacturing, sales, marketing and distribution efforts will now reside with Victaulic. NIBCO will continue to support the business by supplying component parts to NVent used in the manufacture of PermaLynx, a push-to-connect joining system for copper piping.
Victaulic Purchases NIBCO Interest in NVent LLC
December 1, 2006