Elkay Manufacturing

Zurn Water Solutions Corporation completed its combination with Elkay Manufacturing Company, creating Zurn Elkay Water Solutions. Elkay shareholders received approximately 51.6 million shares of Zurn common stock, owning about 29% of the combined company.

Zurn Water Solutions Corporation and Elkay Manufacturing Company have reached a definitive agreement to combine in an all-stock transaction. Zurn shareholders will own about 71% and Elkay shareholders about 29% of the combined company, Zurn Elkay Water Solutions Corporation.