Lixil Corp., a water and housing products company headquartered in Tokyo with its U.S. headquarters in Piscataway, announced Wednesday that it has acquired Basco, a U.S.-based shower door manufacturing company.
Terms of the deal were not announced.
The acquisition will enable the company to expand its kitchen and bath portfolio in the Americas, said Trey Northrup, leader, Lixil Americas.
“From ideas to installation, Basco’s capabilities will allow us to simplify the purchase journey for consumers and professionals and provide full showering solutions,” he said. “The business is an excellent strategic fit for Lixil in a segment that we had been seeking to strengthen for some time.
“Basco also shares Lixil’s purpose to positively impact our communities and a culture of respect and collaboration. I am looking forward to welcoming the Basco team to Lixil.”
Established in 1955 in University Park, Illinois, Basco is a family-owned business providing an extensive line of shower doors, complete with glass tempering, glass fabrication and installation expertise.
Basco is one of largest manufacturers of custom shower enclosures, with a strategic operational footprint across the U.S. The company’s strong presence on the East Coast, Midwest and Southeast regions will expand Lixil’s reach in the bathroom category and bring Lixil to the No. 4 position in the shower enclosures and doors segment.
Basco CEO George Rohde praised the deal.
“For years, Basco has created the highest quality of shower enclosures with beautiful designs and innovative features,” he said. “I am confident that, combining with Lixil’s reach and resources, together we will grow faster and expand market share across the United States.”
Basco employees will be retained by Lixil; the company will run as a separate business unit for the foreseeable future.
In the Americas, Lixil is home to iconic brands such as American Standard, GROHE, DXV, INAX, Lixil Home Services and Amstan.