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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