Mueller Water Products Announces Agreement to Transition Metering Business to ZENNER USA
Key Highlights
- ➤Mueller (MWA) exits metering business, transitioning customers to ZENNER USA
- ➤Transition expected to expand adjusted EBITDA margin 100-140 basis points annually
- ➤Mueller expects approximately $26 million in one-time fiscal 2027 expenses
- ➤Transition process begins immediately, with benefits primarily starting in fiscal 2027’s second quarter
Expert Statements
Paul McAndrew, President and Chief Executive Officer of Mueller Water Products
“We are taking this step to sharpen Mueller’s focus and strengthen the Company for the future”
Paul McAndrew, President and Chief Executive Officer of Mueller Water Products
“It reflects our Mueller Operating System in action: making disciplined, fact-based decisions, putting customers first and executing with clear accountability.”
Paul McAndrew, President and Chief Executive Officer of Mueller Water Products
“By working closely with ZENNER USA, we plan to provide continuity for customers while concentrating our resources on the businesses where Mueller is best positioned to lead, grow and create long-term value.”
Paul McAndrew, President and Chief Executive Officer of Mueller Water Products
“Our priority throughout this process has been and will be protecting customers and ensuring they continue to receive the products, service and support they expect from Mueller.”
Paul McAndrew, President and Chief Executive Officer of Mueller Water Products
“ZENNER USA brings the specialized scale, technology investment, compatible products and global manufacturing capabilities needed to support customers over the long term.”
Paul McAndrew, President and Chief Executive Officer of Mueller Water Products
“We are dedicated to working closely with ZENNER USA to deliver a seamless transition and honor our existing customer commitments.”
ATLANTA, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA), a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America, today announced it has entered into an agreement to transition its metering business, which operates via its Mueller Systems subsidiary, to ZENNER USA, part of the Minol-ZENNER Group, a leading global manufacturer and distributor of water meters, heat and cooling energy meters, gas meters, submetering and digital solutions for remote reading.
This action follows a comprehensive review by Mueller’s Board of Directors and management of the strategic fit and performance of the metering business in the Company’s portfolio. Under the agreement, Mueller is exiting the metering business and will transition customers to ZENNER USA for replacement software and hardware to continue to fulfill our customer commitments. Transitioning the metering business will simplify Mueller’s portfolio and allow the Company to focus capital, talent and management attention on areas where it has stronger competitive positions and clearer opportunities for profitable growth.
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