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Oatey Acquires Assets of Hercules Chemical Company

1/3/2012

CLEVELAND, Ohio (January 3rd, 2012) –  Oatey Co., a leader in the plumbing industry since 1916, today announced that its wholly-owned subsidiary, HCC Holdings Inc., has completed the acquisition of certain assets of the Hercules Chemical Company. Hercules, which was started in 1915, is a leading manufacturer of a broad line of products for sale to wholesale and retail suppliers primarily in the plumbing, heating, air conditioning and electrical trades. Oatey SCS, an affiliate of Oatey, has been the exclusive distributor of Hercules' products since 2001.

"The Hercules brand is valued by professionals and complements the Oatey SCS array of brands," said Oatey President John McMillan. “With the addition of the Hercules products, Oatey will strengthen its leadership position in the rough-in plumbing products business. Our goal is to provide a broad line of the highest quality products to maximize overall value to our customers."

ABOUT US
Based in Cleveland, Ohio, Oatey SCS® distributes an unmatched array of more than 6,000 plumbing products. Our stable of brands has built significant equity over the years and is leveraged to penetrate various market segments. Included are Hercules® plumbing chemicals, Cherne® underground and testing equipment, Dearborn® tubular and bath waste products, and Oatey® plumbing supplies.

Oatey Co. is the leading manufacturer of solvent cements, roof flashings, washing machine outlet boxes, air admittance valves, plumbing chemicals, wax bowl rings, and hundreds of other plumbing specialty products. Found in many residential and commercial applications, Oatey products have earned the trust of both plumbing professionals and consumers since 1916. Oatey Co. operates a comprehensive global manufacturing and distribution network, backed by experienced and responsive technical service professionals.

For more information, visit www.oatey.com or call (800) 321-9532.