Noble Company (“Noble”), a leading manufacturer of premium-quality building products within the tile, plumbing, heating and cooling, and fire sprinkler industries, has been acquired by Federal Process Corporation (“Federal Process”), a Cleveland-based, diversified building product and specialty chemical manufacturer and marketer.
Founded in 1946, Noble Company manufactures premium-quality building products for a range of industries, including tile, plumbing, heating and cooling, as well as fire sprinkler products. Manufactured in facilities in Spring Lake, MI, and Baton Rouge, LA, Noble products include NobleSeal®, TS, Chloraloy® and NobleSeal® SIS sheet membranes/waterproofing; FreeStyle Linear Drains™; NOBURST® antifreeze/heat transfer fluid; FireFighter® antifreeze, and others.
Federal Process Corporation began manufacturing pipe thread sealants in 1915 for the emerging petroleum manufacturing and distribution industry. Leveraging its chemical expertise and experience within key markets to help enhance user productivity, Federal’s portfolio has grown dramatically and today includes highly differentiated products under well-known and trusted companies and brands, among which are Gasoila® Chemicals, JB Products™ and FedChem™.
Cascade Partners (BlueWater Partners) acted as the exclusive financial advisor to Noble for this transaction.
Update: BlueWater Partners has joined Cascade Partners. Read more here.