LOS ANGELES, March 11, 2014 /PRNewswire/ -- Deloitte Corporate Finance LLC ("DCF") acted as exclusive financial advisor to San Juan Capistrano-based Fluidmaster, Inc. ("Fluidmaster"), the world's largest manufacturer of toilet tank components and trim, on its acquisition of Slovenia-based Kolektor Liv d.o.o. ("Kolektor Liv"), 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. The acquisition closed on January 9, 2014.
DCF advised Fluidmaster as part of its broader advisory role to assist in the pursuit of acquisition targets on a global basis. Leveraging Deloitte's global network, DCF assisted Fluidmaster in navigating local channels in Slovenia to reach key decision makers and initiate an acquisition process. Previously, DCF advised Fluidmaster on an unrelated acquisition of Opella Ltd in the UK in September 2011.
"We value DCF's global footprint and ability to access local relationships on our behalf around the world; the initiation of our discussions with, and ultimately acquisition of, Kolektor Liv is a highlight to this end," said Todd Talbot, President of Fluidmaster.
About Fluidmaster, Inc.
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. For more information, visit www.fluidmaster.com.
About Kolektor Liv d.o.o.
Founded in 1954 and based in Postojna, Slovenia, Kolektor Liv d.o.o. designs, develops, manufactures, and markets thermoplastic products. The company offers concealed systems for bathroom and sanitation facilities equipment including flushing plates and dual and start-stop exposed flushing cisterns. It also provides spare parts, such as for traps and concealed and exposed flushing cisterns. For more information, visit http://en.liv.si/home/.
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC, a FINRA-registered broker-dealer and wholly-owned subsidiary of Deloitte Financial Advisory Services LLP, provides deal execution and lead financial advisory services to large corporate, middle market, and private equity firms. Deloitte Corporate Finance has access to the resources of the Corporate Finance Advisory practices of the member firms within the Deloitte Touche Tohmatsu Limited network of member firms, and their affiliates. Together with Deloitte Corporate Finance, these practices include in excess of 1,600 professionals, working collaboratively across 150 international locations. For more information, visit www.investmentbanking.deloitte.com. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security.
Contact: Melissa Curtis Public Relations Deloitte 617-437-2156 |
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SOURCE Deloitte
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