ZSi-Foster acquires Hydra-Zorb
ZSi-Foster, an Ideal Tridon company, has completed the acquisition of Hydra-Zorb Company for an undisclosed purchase price.
Headquartered in Auburn Hills, Michigan, and founded in 1972, Hydra-Zorb provides pipe, hose, and tube clamping for the hydraulic, HVAC, plumbing, and refrigeration markets.
Widely recognized for the invention of the cushioned clamp, Hydra-Zorb serves industrial customers throughout the U.S. and Canada. Hydra-Zorb manufactures all products from its manufacturing facility in Auburn Hills.
“The Hydra-Zorb organization is excited to bring our products into the ZSi-Foster and Ideal Tridon family,” said Bob Dodge, CEO of Hydra-Zorb. “This transaction combines our deep industry and product knowledge with that of ZSi-Foster and Ideal Tridon and provides our customers with complementary brands that represent the best clamp, pipe, hose support, and HVAC accessory products available on one comprehensive platform. The combination puts a stamp on our company legacy and will add tremendous value to our customers.”
ZSi-Foster, acquired in 2019 by Ideal Tridon, a portfolio company of Snow Phipps Group, serves a diverse set of end markets by offering a broad portfolio of highly engineered clamp, coupling, and strut support systems.
“We have great respect for the Hydra-Zorb organization. Their strong products and commitment to quality and service align well with the Ideal Tridon mission. Their innovation with the original Hydra-Zorb clamp and Klo-Shure insulation clamp along with recent product additions designed for the high growth mini-split market is a testament to their vision," said Rick Stepien, CEO of Ideal Tridon.
INDUSTRIAL SUPPLY MAGAZINE
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