June 6, 2017 / 10:15 AM / in 2 months

BRIEF-Clayton, Dubilier & Rice to acquire largest distributor of Waterworks products in U.S.

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June 6 (Reuters) - Clayton, Dubilier & Rice:

* Clayton, Dubilier & Rice to acquire largest distributor of waterworks products in the U.S.

* Clayton, Dubilier & Rice - waterworks will become an independent company, wholly-owned by CD&R funds

* Clayton, Dubilier & Rice - Jim Berges, CD&R partner, will serve as chairman of waterworks

* Clayton, Dubilier & Rice - Steve Leclair, who has served as president of waterworks since 2011, will become chief executive officer of waterworks

* Clayton, Dubilier & Rice - waterworks will continue to be headquartered in St. Louis, Missouri Source text for Eikon: Further company coverage:

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