Oatey acquires G.F. Thompson Company

Oatey Co. has acquired Newmarket, Ontario based G.F. Thompson Company Limited. Financial terms were not disclosed.

Founded in 1947, G.F. Thompson is a leading manufacturer and distributor of products serving the plumbing and HVAC markets in Canada.

Since 1916, Cleveland, Ohio based Oatey has provided reliable, high-quality products for the residential and commercial plumbing industries. Oatey operates a comprehensive manufacturing and distribution network to supply more than 6,000 products for professional builders, contractors, engineers and do-it-yourself consumers around the world.

Oatey has offices in the United States, Canada and Mexico, as well as a manufacturing facility in China. Oatey established Oatey Canada in 1992.

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News Release

Oatey Co. Acquires G.F. Thompson Company Limited

February 09, 2018 04:04 PM Eastern Standard Time

CLEVELAND–(BUSINESS WIRE)–Oatey Co. (Oatey) a leader in the plumbing industry since 1916, announced today the acquisition of G.F. Thompson Company Limited (G.F. Thompson). Based in Newmarket, Ontario G.F. Thompson is a leading manufacturer and distributor of products serving the plumbing and HVAC markets in Canada.

G. F. Thompson was founded in 1947 and its extensive product line is sold throughout Canada to the plumbing, HVAC, industrial and retail trades. Product categories include sealants, compounds, cleaning and pipe preparation chemicals and related accessories. G.F. Thompson manufactures products under the brand name “Masters.”

“At Oatey we are committed to providing our customers with a broad line of high quality products” said Oatey CEO, Neal Restivo. “The addition of G.F. Thompson and its market-leading Masters brand significantly strengthens our ability to serve the Canadian market.”

ABOUT OATEY CO.

Since 1916, Oatey has provided reliable, high-quality products for the residential and commercial plumbing industries. Today, Oatey operates a comprehensive manufacturing and distribution network to supply more than 6,000 products for professional builders, contractors, engineers and do-it-yourself consumers around the world. We have continued to meet customer needs for more than a century by offering innovative plumbing solutions that deliver results the first time. All Oatey products and brands are backed with the highest-quality technical and customer support programs in the industry.

Based in Cleveland, Ohio, Oatey has locations in the United States, Canada, Mexico and China. For more information, visit oatey.com, call (800) 321-9532 or follow Oatey on Facebook, Twitter, LinkedIn or Instagram.

Contacts
Oatey Co.
Katherine Lehtinen, Director of Marketing
klehtinen@oatey.com


Ted Liu
Ted Liu, M.Sc. (Mining), MBA (Finance), is the Editor of Private Capital Journal, TechnologyMetals.ca, GoldSilverMetals.ca, and former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA). Ted is President of CPE Media Inc., an independent, trusted and unbiased data provider tracking Canadian VC/PE, private capital industry.