Corix Water Products (US) Inc. announced today that it has purchased Washington-based, H.B. Jaeger.
With three locations in Snohomish, Burlington, and Tumwater, H.B. Jaeger distributes a variety of underground water and wastewater utility products throughout Central and Western Washington.
H.B. Jaeger was formed in 1997 and currently has 35 employees, including local business owners Bob Jaeger and Herb Braicks.
“We are very excited to have H.B. Jaeger join the Corix family,” said John Henkels, Vice President and COO, Corix Water Products (US) Inc. “They have a strong reputation in the waterworks industry and are known for their excellent customer service and knowledgeable, experienced team.”
H.B. Jaeger has a strong presence in the greater Seattle metropolitan area and Corix will be looking to build on what is already a solid business platform.
“This makes great business sense for us at this time,” said Bob Jaeger, Managing Partner, H.B. Jaeger. “Corix is respected as a leader in our industry across North America, and as such, can provide growth opportunities of a much larger scale than we could attain on our own.”
“We are really looking forward to partnering with Corix to help expand their service offerings to existing and prospective customers while further developing supplier relations in the industry,” said Herb Braicks, Managing Partner, H.B. Jaeger.
H.B. Jaeger will operate as H.B. Jaeger, a division of Corix.
The Corix Group of Companies is a leading provider of sustainable utility infrastructure solutions across North America. Corix delivers these solutions through three complementary lines of business: Utilities, Utility Services, and Utility Products. The Corix team has more than 2,100 employees operating in 27 states and 7 provinces in the United States and Canada. Corix is privately held, with BC Investment Management Corporation as its primary shareholder. Please visit www.corix.com for more information.
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