ASC Engineered Solutions acquires GroovJoint brand

ASC Engineered Solutions announced the acquisition of the GroovJoint brand, a provider of stainless steel piping systems. The deal is intended to expand ASC's portfolio in the stainless-steel market and strengthen its position in HVAC, plumbing, and fire protection sectors.

“ASC Engineered Solutions ("ASC"), a leading provider of engineered flow management solutions, today announced the acquisition of the GroovJoint™ brand, a respected name of stainless steel grooved, press, and fabricated piping systems serving the mechanical, HVAC, plumbing, fire protection, industrial, and process piping markets.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.