Mueller Water Products Sells Piping Systems Components Business

The manufacturer also named J. Scott Hall as its next president and CEO.

Mueller Water Products Inc. (NYSE: MWA), Atlanta, GA, has sold its Anvil International division to One Equity Partners, a private equity firm, for $315 million. Anvil is a manufacturer of piping system components with applications in commercial, industrial, mechanical, fire protection and oil & gas end markets.

“Mueller Water Products is now a pure-play water infrastructure company that is ideally positioned to take advantage of the significant near- and long-term growth opportunities in the industry," said Gregory Hyland, president and CEO. "The remaining core business will have leadership positions in most of its markets, industry-leading operating margins, capital returns and free cash flow generation, as well as an even stronger balance sheet."

The company also named J. Scott Hall its next president and CEO, effective Jan. 23. Hall succeeds Hyland, who will transition to the role of executive chairman.

Hall joins the company from Textron, Inc. where he most recently served as president and CEO of its industrial segment.

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.