MUELLER INDUSTRIES INC acquired Great Lakes Copper Ltd. for $75 million in cash, a transaction completed in July 2015, structured as all cash.
Great Lakes Copper Ltd. operates in Piping Systems, is based in Canada. Mueller Copper Tube Products, Inc., a wholly owned subsidiary of Mueller Industries, acquired all of the outstanding shares of Great Lakes Copper Ltd., a copper mill that expanded Mueller's manufacturing footprint to Canada.
The addition of the Great Lakes Copper mill is a great complement to our global piping platform and expands our manufacturing footprint to Canada.
Established copper mill complementing Mueller's global piping platform. Expands manufacturing footprint to Canada. Piping Systems segment (Great Lakes Copper)
The addition of the Great Lakes Copper mill is a great complement to our global piping platform and expands our manufacturing footprint to Canada.Greg Christopher, CEO, Mueller Industries
Advisory firms were not disclosed for this transaction.