/ZENNER USA Acquires Mueller Systems’ Metering Business
Key highlights:
– ZENNER USA, part of the Minol-ZENNER Group, is set to acquire the metering business of Mueller Systems.
– The acquisition will enhance ZENNER’s presence in the North American water market.
– ZENNER aims to ensure a smooth transition for existing customers while expanding product offerings.
ZENNER USA, Inc., a subsidiary of the global Minol-ZENNER Group, has announced an agreement to acquire the metering business from Mueller Water Products, specifically through its Mueller Systems subsidiary. This strategic move is aimed at enhancing ZENNER USA’s capabilities in the North American water sector, where it has been represented since 2012.
As one of the leading manufacturers of water, heat, and cooling meters, along with gas meters and digital remote meter reading solutions, ZENNER brings over a century of expertise and a comprehensive technology portfolio to the table. The acquisition will leverage the strong customer relationships and established products of Mueller Systems, allowing ZENNER USA to provide continuous service to current customers while broadening its offerings.
“ZENNER USA appreciates Mueller’s commitment to its customers and is honored to have been selected as its partner following an extensive selection process to support Mueller’s transition out of the metering business,” stated Richard Sanders, President of ZENNER USA. He emphasized that ensuring a smooth transition for customers and maintaining the service, support, and product availability they currently depend on is the immediate priority. Sanders further expressed optimism that ZENNER’s global scale and investment in metering technology will add significant value for customers in the long run.
Alexander Lehmann, Managing Director/Group CEO of Minol-ZENNER, highlighted North America as a crucial growth market and reaffirmed the company’s long-term commitment to it. He noted, “We look forward to working closely with Mueller and its customers throughout the transition.”
The transition process will commence immediately, with ZENNER USA and Mueller collaborating to ensure continuity of service and ongoing support for customers and suppliers alike.
Paul McAndrew, President and Chief Executive Officer of Mueller Water Products, remarked, “This transition is an important step in sharpening Mueller’s focus and positioning the Company for its next chapter. We believe ZENNER USA is the right partner for our metering business, with the specialized scale, technology investment, compatible products and global manufacturing capabilities to support customers for the long term. We will work closely with ZENNER USA to ensure a seamless transition and fulfill our existing customer commitments.”
