Companies Zurn Has Under Its Control: A Brief Summary of Subsidiaries
Zurn Industries: A Leader in Water Solutions
Zurn Industries, a subsidiary of Rexnord Industries, LLC, is a renowned name in the fluid management and plumbing industry. Operating under the Zurn corporate umbrella, the company is known for its line of pressure reducing valves, backflow preventers, and other related products.
Based in Milwaukee, Wisconsin, Zurn has established a notable presence in various markets, including healthcare settings, industrial markets, municipal systems, and contractor projects. In commercial markets, the company offers a wide range of water solutions, including plumbing fixtures, valves, and hydronic radiant heating and cooling systems.
In industrial markets, Zurn offers products tailored for heavy-duty use, guaranteeing reliable performance under challenging conditions. The company's commitment to efficiency and sustainability is evident in its suite of water solutions tailored for public infrastructure, enhancing the efficiency and sustainability of municipal water management.
In healthcare settings, Zurn provides plumbing solutions designed for hygienic applications, ensuring durability and compliance with rigorous sanitation standards. This focus on hygiene extends to its commercial offerings as well, where Zurn caters to the need for easy installation and long-term functionality, making it a popular choice among contractors for both commercial and residential construction projects.
One of Zurn's significant acquisitions was Just Manufacturing, a company distinguished for their high-quality stainless-steel sinks, commercial faucets, and accessories. This acquisition strengthened Zurn's presence in the commercial market. Another notable acquisition was Jacuzzi, a prestigious brand known for its innovative bath and spa products, expanding Zurn's luxury residential offerings.
In 2021, Zurn completed a Reverse Morris Trust tax-free spin-off transaction, separating substantially all of its Elkay business. This spin-off marked a significant event in Zurn's major acquisition and spin-off timeline. Since then, there have been no documented major acquisitions or additional spin-offs by Zurn.
Zurn's Board of Directors is responsible for the strategic oversight of the company's operations, ensuring leadership and management adhere to the highest standards. The management, led by the President and Chief Executive Officer, is tasked with the daily operations of Zurn, implementing Board decisions and managing company affairs.
Zurn enhances transparency by providing regular reporting on ESG activities and performance to shareholders. Analysts provide recommendations on whether to buy, hold, or sell shares of Zurn Industries based on their analysis of the company's financial health, market trends, and other factors.
Zurn faces competition from companies such as Watts, WETT Solutions, and Rehau, among several others in the fluid management and plumbing industries. However, the company's commitment to innovation, quality, and sustainability sets it apart, fortified by its subsidiary Wilkins, a respected name in the field of backflow prevention and water control solutions.
Moreover, Zurn's association with Zurich Insurance Group addresses risk management policies, providing insurance solutions that help mitigate operational and compliance-related risks. The company's strategic initiative, Zurn Water Solutions, represents its commitment to innovation in water management technologies, further solidifying its position as a leader in the industry.
- To stay competitive in the fluid management and plumbing industry, Zurn Industries continuously emphasizes innovation and sustainability in their strategic initiatives, such as Zurn Water Solutions.
- Zurn's Board of Directors closely monitors financial analytics to make informed decisions regarding the company's growth and investment strategies, including potential acquisitions.
- As a leader in the water solutions sector, Zurn caters to various markets like healthcare, industrial, municipal, and commercial, providing products tailored for specific applications and lifestyles.
- To further expand its offerings, Zurn has made strategic acquisitions, including Just Manufacturing for commercial products and Jacuzzi for luxury residential items, demonstrating a commitment to technology, education, and self-development, as well as lifestyle enhancement.
