Welcome!

News Feed Item

Fluidmaster acquires European Company

SAN JUAN CAPISTRANO, Calif and IDRIJA, Slovenia, Jan. 10, 2014 /PRNewswire/ -- Fluidmaster, Inc., the world's largest manufacturer of toilet tank components and trim announced today its acquisition of the Kolektor Liv based in Postojna, Slovenia.  Kolektor Liv has been one of a leading European provider of sanitary ware products, including in-wall and concealed cisterns, under the LIV® and Schwab® brands actively sold in over 30 countries in Europe and in the Middle East.

"Fluidmaster and Kolektor have been discussing a potential collaboration for some time and we jointly determined that this acquisition is the best way to serve both existing and prospective customers in Europe and beyond," said Robert AndersonSchoepe, Chairman and Chief Executive Officer of Fluidmaster. "This acquisition supports our corporate objective to continue strengthening our core business in the European market, in part by adding to our cistern product portfolio."

"We selected Fluidmaster on basis of its ability to ensure future growth equal to or even greater than our own strategic plan for the sanitaryware business, coupled with our social responsibility towards the local community and environment in which Kolektor Liv operates," explained Radovan Bolko, Kolektor CEO.  "Fluidmaster shares our vision of maintaining workplaces and plans to further develop the business from its existing location."

The structure of employees and the management of Kolektor Liv marketing sanitary products under the existing LIV and Schwab brands will remain in place.  "We are excited about this particular location as a base for expanding our European operations," stated Todd Talbot, Fluidmaster President. "Through our discussions, we have gained great respect for the leaders of this business and look forward to fully integrating them into the Fluidmaster team."

"Fluidmaster, LIV and Schwab products are very complementary and we believe our combined sales teams will be able to grow the business with this comprehensive product portfolio," said Uros Likar, Managing Director of Kolektor Liv. "Fluidmaster is poised to fully leverage the potential in our operations, products and people and we look forward to a bright future for the new enterprise."

Established in 1957, 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, leading the market with a worldwide distribution network across more than 80 countries.  Fluidmaster sells 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 products include toilet flappers, single and dual flush valves, tank levers, bowl wax, toilet repair kits, and a wide range of water supply line connectors.

Kolektor group boasts tradition in highly specialized industrial production. On its path of half a century Kolektor evolved into a global company with its seat in Slovenia and a wide spread net of companies and subsidiaries in Europe, in the USA and in Asia. Strategic position of the company`s headquarters in the heart of Europe, and global marketing and production presence on all important world markets, ensure effective managing of market demand and optimal business solutions. Developmentally and technologically advanced processes speak of our efforts to fulfill customer demands by providing prompt and responsible solutions. Kolektor group is a trans-national company connecting almost 30 companies on strategic world markets.

SOURCE Fluidmaster, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2017' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great t...
"At ROHA we develop an app called Catcha. It was developed after we spent a year meeting with, talking to, interacting with senior citizens watching them use their smartphones and talking to them about how they use their smartphones so we could get to know their smartphone behavior," explained Dave Woods, Chief Innovation Officer at ROHA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2017 New York. The 20th Cloud Expo and 7th @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Internet to enable us all to im...
Effectively SMBs and government programs must address compounded regulatory compliance requirements. The most recent are Controlled Unclassified Information and the EU's GDPR have Board Level implications. Managing sensitive data protection will likely result in acquisition criteria, demonstration requests and new requirements. Developers, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by incorporating changes. In...
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
"Qosmos has launched L7Viewer, a network traffic analysis tool, so it analyzes all the traffic between the virtual machine and the data center and the virtual machine and the external world," stated Sebastien Synold, Product Line Manager at Qosmos, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required. In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, drew together recent research and lessons learned from emerging and established compa...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.