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Rexnord Signs Agreement to Acquire Hadrian; Advances Zurn’s Position as a Complete Washroom Solutions Provider

MILWAUKEE--(BUSINESS WIRE)--Rexnord Corporation (NYSE: RXN) announced today that it has entered into a definitive agreement to acquire Hadrian Inc., a leading provider of washroom partitions and lockers, which will enable its Water Management platform’s Zurn business to offer building owners a complete washroom solution and accelerate its strategy of being the leading provider of smart building solutions. Subject to customary closing conditions, the transaction is expected to close by the end of December.