Serge Magarik, founding partner of Kraus USA, Inc, Delta Faucet Acquisition
Serge Magarik, CEO of Vonn Lighting, and also founding partner of Kraus USA, Inc. in 2007. Is elated about the news and looks forward to a successful transition for all parties participating in the signing of a final agreement for Masco Corporation to acquire the properties of Kraus, an online company focused on providing new, high-quality sinks, faucets and related products.
Delta Faucet Company, a division of Masco Corporation, is one of the leading manufacturers of residential and commercial faucets in the United States. The transaction is expected to close by the first quarter of 2021 at the latest.
Read more: https://www.prnewswire.com/news-releases/delta-faucet-company-announces-signing-of-definitive-agreement-to-acquire-kraus-301197151.html