Cream Ridge, NJ - September 1, 2016
SIGMA Corporation today announced the acquisition of Idaho-based Raven Products, LLC, a custom manufacturer of a wide range of High-Density Polyethylene (HDPE) products. The acquisition of Raven Products is a natural evolution of the strategic relationship between the two companies, because Raven Products is a current supplier of HDPE meter boxes to SIGMA, and will expand SIGMA’s domestic manufacturing capabilities in the US water market.
SIGMA is a leading global supplier of water and wastewater infrastructure products, fire protection, trench drain and OEM products. Additionally, SIGMA is a prominent supplier of municipal castings such as grates and valve boxes in a variety of materials. Raven, which is based in Caldwell, Idaho, broadens SIGMA’s domestic product offering, and brings a manufacturing expertise specific to rotomolding in HDPE.
SIGMA CEO Jim McGivern explains the acquisition: “Raven is a great addition to our product portfolio. They’ve been a manufacturing partner of ours for a couple of years and there is strong synergy between our two companies. With our established worldwide manufacturing and logistics network, we expect to deliver significant growth opportunities to the Raven product line.”
The formal transfer of ownership will occur on September 1.
For further information, please contact Donna Jones (609-454-8528; firstname.lastname@example.org)