Oatey Acquires Durgo
An Oatey Co. affiliate has acquired Aktibolaget Durgo (Durgo), a specialty developer and manufacturer of air admittance valves (AAVs) and other pressure regulating valves.
Durgo, based in Stockholm, Sweden, has been a leading manufacturer and respected brand in the plumbing industry throughout Europe and Asia for more than 100 years. With a strong commitment to its Swedish craftsmanship tradition, the company has also embraced new technology to achieve high standards of quality and safety.
“We are extremely pleased to add Durgo, its outstanding associates and its manufacturing capabilities to our organization as we continue to expand our global footprint,” said Neal Restivo, Oatey CEO.
“Since our founding in 1921, Durgo has been committed to development and manufacturing with precision and care to deliver high quality products for our customers,” said Hans Widell, Managing Director of Durgo. “We are looking forward to continuing our tradition of craftsmanship as a part of Oatey, a company that shares our commitment to quality and excellence.”
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