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Rexnord Corp. has acquired World Dryer Corp, based in Berkeley, Ill.
According to a press release, World Dryer has about $20 million in annual revenue. The company has the largest installed commercial electric hand dryer product base in the world, and about 800 global distributors.
The hand dryer business will become part of Zurn. The combination will bring together Zurn’s water-efficient plumbing products and World Dryer’s energy-saving hand dryers, catering to commercial building owners.
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