Marcone, a residential appliance parts distributor and portfolio company of Genstar Capital, has acquired Professional Plumbing Group (PPG), a distributor of plumbing products for repair and remodel applications, from Dunes Point Capital, LP.
PPG designs, manufactures, markets and distributes high-quality plumbing products. PPG’s portfolio includes products from two proprietary brands – Wolverine Brass, and Speakman – as well as third-party products across all of the leading brands. Wolverine Brass is a respected brand selling high quality plumbing products for the past 125-plus years exclusively to professional plumbers and trade personnel; Speakman is a 150-plus year-old brand widely known for high quality showers and other fixtures.
