MUELLER INDUSTRIES INC acquires Shoals Tubular, Inc.

MUELLER INDUSTRIES INC acquired Shoals Tubular, Inc. for approximately $15.4 million (net of working capital adjustments), a transaction completed in January 2020, structured as all cash.

Shoals Tubular, Inc. operates in Climate, is based in United States. Shoals Tubular, Inc. (STI) is a manufacturer of brazed manifolds, headers, and distributor assemblies used primarily by manufacturers of residential heating and air conditioning units.

STI will be reported with and complements the Company's existing business in its Climate segment.

Supplier of brazed manifolds and headers to residential HVAC OEMs. Climate segment (Shoals)

In January 2020, the Company completed the purchase of Shoals Tubular, Inc. (STI) for approximately $15.4 million, net of working capital adjustments. STI is a manufacturer of brazed manifolds, headers, and distributor assemblies used primarily by manufactures of residential heating and air conditioning units.Mueller Industries FY2019 10-K, Acquisitions/Subsequent Events note

Advisory firms were not disclosed for this transaction.

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