American Standard Brands has acquired Safety Tubs, LLC, a privately held U.S. business specializing in the design and manufacturing of walk-in bathtubs.
American Standard Brands
has acquired Safety Tubs, LLC, a
privately held U.S.
business specializing in the design and manufacturing of walk-in bathtubs for
those with limited mobility, including the elderly, obese and disabled.
Standard has been marketing Safety Tubs products under the American Standard
brand to various channels for several years already. Safety Tubs will now
operate independently as a subsidiary of American Standard Brands called Safety
Tubs Co., LLC, and will be part of a dedicated division for Assisted Living.
Tubs CEO, Rob Buete, will become vice president and general
manager of Safety Tubs and Assisted Living, reporting to Don
Devine, president and CEO of American Standard Brands. The Safety Tubs
business, based in Grand Prairie,
TX, will remain in its current
location. Terms of the purchase were not disclosed.
complete press release, read here.
American Standard Acquires Safety Tubs
July 26, 2010