PRESS RELEASE: ASC Engineered Solutions Acquires Ward Manufacturing

Press Release

ASC Engineered Solutions Acquires Ward Manufacturing

Oak Brook, IL and Blossburg, P.A., February 2, 2024 – ASC Engineered Solutions (“ASC”), a leading provider of flow management solutions, including precision engineered pipe joining systems, flow control products, support solutions and related services, announced today that it has acquired Ward Manufacturing (“Ward”) from Proterial America, Ltd., a subsidiary of Proterial, Ltd. Ward is a leader in the manufacturing of pipe joining components including fittings, nipples and the WARDFlex® corrugated stainless steel tubing system.

“Ward has a well-earned, strong reputation for rigorous quality control and reliable customer service – key attributes that we greatly value at ASC,” said Jason Hild, Chief Executive Officer of ASC. “The addition of Ward’s complementary products strengthens ASC’s core portfolio and enables us to bring the productivity-enhancing WARDFlex® solutions to our customers. More broadly, this latest acquisition further advances our strategy to build ASC into a world-class, comprehensive solutions provider for our target markets.”

“This is an exciting next chapter in our company’s history,” said Pete Guidi, President and Chief Executive Officer of Ward. “By joining ASC, we gain a strong partner who is focused on growing our products and bringing them to more customers.”

About ASC Engineered Solutions

ASC connects high-quality products with advanced technology, service, and support. With nearly 2,000 employees, the company’s extensive portfolio of precision-engineered piping supports, valves and connections provides products to more than 4,000 customers across industries, such as commercial and residential construction, industrial, fire protection, and oil and gas. Its portfolio of leading brands includes ABZ Valve®, AFCON®, Anvil®, Anvil EPS, Basic-PSA, Beck®, Catawissa, Cooplet®, FlexHead®, FPPI®, Gruvlok®, J.B. Smith, Merit®, NAP®, Quadrant®, SCI®, Sharpe®, SPF®, SprinkFLEX®, Trenton Pipe, and VEP. With headquarters in Oak Brook, IL, ASC also has ISO 9001:2015 certified production facilities in PA, TN, IL, TX, AL, KS, and RI. www.asc-es.com

About Ward Manufacturing

Ward is a leading manufacturer of piping components used in thousands of installations in North America, from upscale homes to commercial developments, institutional buildings, public utilities and grand edifices. Building on nearly a century of quality manufacturing, using only the best, most durable materials and advanced technology and techniques, Ward has become a fixture in the global pipe fittings industry.