ZSi-Foster Inc., an Ideal Tridon company, announced June 25 that it completed the acquisition of Hydra-Zorb Company.
Terms of the transaction were not disclosed.
Headquartered in Auburn Hills, Michigan, and founded in 1972, Hydra-Zorb is a manufacturer of pipe, hose, and tube clamping for the hydraulic, HVAC, plumbing, and refrigeration markets. The company is recognized for the invention of the cushioned clamp. Hydra-Zorb manufactures its products from a facility in Auburn Hills.
ZSi-Foster, acquired in 2019 by Ideal Tridon, manufactures highly engineered clamp, coupling, and strut support systems. The acquisition of Hydra-Zorb is the most recent acquisition for Ideal Tridon.
“We have great respect for the Hydra-Zorb organization,” Rick Stepien, CEO of Ideal Tridon, said in a press release. “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.”
“This transaction combines our deep industry and product knowledge with that of ZSi-Foster and Ideal Tridon,” Bob Dodge, CEO of Hydra-Zorb, said in the press release. “[It] provides our customers with complementary brands that represent the best clamp, pipe, hose support, and HVAC accessory products available on one comprehensive platform.”