Fluidmaster Completes Acquisition In Turkey
PR Newswire
SAN JUAN CAPISTRANO, Calif. and ISTANBUL, Nov. 3, 2015
SAN JUAN CAPISTRANO, Calif. and ISTANBUL, Nov. 3, 2015 /PRNewswire/ — Fluidmaster, Inc., the world’s largest manufacturer of toilet tank components and trim, announced today the completion of its acquisition of Key Teknik, a leading sanitary equipment business based in Istanbul, Turkey. Established in 2008, Key Teknik markets under the Wilco brand as well as private label in-wall and concealed cisterns extensively in Turkey as well as in the Middle East and in Europe.
“We are very pleased that this acquisition has been successfully consummated as scheduled and look forward to furthering our strategic and organic growth plans in Europe, North America and the rest of the world,” said Todd Talbot, Fluidmaster President. “Our focus is to now leverage the full strength and capabilities of our existing operations in Slovenia, the United Kingdom, China and North America together with our latest addition in Turkey, to serve our customers worldwide.”
Management for the existing operations in Turkey will remain in place, along with the Wilco brand now augmented by the expansive Fluidmaster line of products, services and brands.
“It is great to now be officially a part of the Fluidmaster team and we look forward to a bright future given our combined product and brand strengths,” said Sadi Burat, member of the board for Key Teknik.
About Fluidmaster
Established in 1957 and now reaching across the world, Fluidmaster remains a family owned and operated company known for its superior engineering of efficient and reliable toilet components. The company has become an icon in the plumbing industry, with operations in North America, Europe, the United Kingdom and China and a worldwide distribution network across more than 80 countries selling more toilet tank replacement valves than any other manufacturer in the world. In addition to the original fill valve developed by founder Adolf Schoepe and enhanced through the years, Fluidmaster’s complete line of toilet care parts include exposed and in-wall cisterns, standard and dual flush valves, flappers, activation systems, bowl wax and wax-free products, toilet repair kits, and supply line connectors.
The company’s global headquarters is located in San Juan Capistrano, California. For more information visit www.fluidmaster.com.
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SOURCE Fluidmaster, Inc.
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