Homewerks Worldwide LLC, a home improvement company in the kitchen, bathroom and plumbing categories, has acquired the Cobra Drain Tools product line from BrassCraft Manufacturing Co., a manufacturer of plumbing products.
The acquired product line includes drain augers, drum augers, plungers, hair snakes, bladders, cable drum machines and other manual and power drain cleaning tools. Homewerks will immediately integrate these product lines into its product portfolio and will begin offering Cobra Drain products to its customers immediately following the March 13 closing date.
“This acquisition represents another step forward in Homewerks’ expansion strategy,” says Peter Berkman, chief executive officer and founder of Homewerks. “The deeper foundation of products created by adding the Cobra drain tools portfolio will enhance our position as a full line distributor in the plumbing market and will enable Homewerks to better serve and grow with our important retail partners.”