Oatey expands in Mexico

Cleveland-based Oatey Co., a plumbing industry supplier since 1916, announced the acquisition of Contact Industries, S.A. de C.V., based in Guadalajara, Mexico. Contact is described as a leading manufacturer and distributor of products serving the plumbing markets in Mexico.

Contact Industries was founded over 25 years ago and manufactures an extensive line of products that are sold under the “Contact” brand name throughout Mexico to the plumbing and retail channels. Product categories include solvent cements, solder and flux, and other plumbing chemicals and accessories.

“The Contact brand is highly respected and a great addition to Oatey’s market leading family of brands,” said Oatey CEO Neal Restivo. “We are excited about this transaction as it significantly enhances our ability to serve customers in the Mexican and Latin American markets.”

Financial terms of the deal were not disclosed.