Atkore International Group Inc. Divests FlexHead® and SprinkFLEX Business
HARVEY, Ill.--(BUSINESS WIRE)--
Atkore International Group Inc. (“Atkore”), today announced that it has
completed the sale of the assets of FlexHead® Industries, Inc. and
SprinkFLEX, LLC to Anvil International, LLC.
“We continuously review the viability of all aspects of our business to
ensure alignment to our corporate strategy, core product offerings and
targeted customer base,” commented John Williamson, President and Chief
Executive Officer of Atkore International. “The divestiture of the
FlexHead and SprinkFLEX business not only lowers Atkore’s net debt, but
also allows us to redirect resources to other strategic opportunities
that will help Atkore better serve the needs of our customers, support
growth initiatives and make us a stronger company overall.”
The FlexHead and SprinkFLEX businesses manufacture commercial flexible
sprinkler head connection products for use in a variety of markets,
including for industrial, commercial, cold storage, institutional and
clean room applications.
The financial terms of the sale were undisclosed.
About Atkore International Inc.
Atkore International Inc. is a global manufacturer of galvanized steel
tubes and pipes, electrical conduit, armored wire and cable, metal
framing systems and building components; serving a wide range of
construction, electrical, security, and mechanical applications. With
3,600 employees and more than 50 manufacturing and distribution
facilities worldwide, Atkore supplies global customers with innovative
solutions and quality products. To learn more, please visit www.atkore.com.

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Atkore International Group Inc.
Lisa Winter, 708 225-2453
Vice
President - Communications
Source: Atkore International Group Inc.