APi Group, Inc. Welcomes Grunau Company

APi Group, Inc. Welcomes Grunau Company
April 5, 2006 -

Grunau Company, Inc., the newest member of the APi family, has been dedicated to building long-term customer relationships for nearly 90 years. Headquartered in Oak Creek, Wisconsin Grunau employs 500 people and has additional locations in Wisconsin, Florida, Indiana, Ohio and Pennsylvania.

Grunau Company's team of skilled professionals services, installs and designs mechanical systems, including HVAC, plumbing, temperature controls, process piping, fire protection and specialized electrical systems. Grunau Metals, a division of the company, offers specialty metal design, fabrication, installation and service. Grunau's fabrication shop is equipped to custom fabricate anything from decorative to industrial applications, using materials from carbon steel to aluminum.

Grunau teams operate as customer advocates; pinpointing the best solutions to complex projects and embracing a strategic approach to identify and prevent problems.

"Grunau Company's strong culture, industry knowledge and local relationships are important reasons why APi Group wanted us to join their family of companies," Paul W. Grunau said." As part of APi Group, our managers and employees can learn from 28 other best-in-class specialty contractors, helping us find new and better ways to add value in our relationships with our customers."

"We are excited about Grunau Company becoming part of our family of specialty contractors. Paul and his talented team have built a strong, vibrant company," said Russell Becker, president and CEO of APi Group.

"We recognize the value of our member companies maintaining their local identities, operational freedom and local decision-making. We provide greater financial resources, while respecting the geographic and market differences inherent in the construction industry," said Becker.

Grunau remains as company president and key members of the management team also will stay on. "It is my intent to make this the best deal for everyone involved, including employees, customers and APi Group," he said.

There are no plans to change any of Grunau Company's operations in Milwaukee, Orlando, Pittsburgh, Youngstown, or Indianapolis as a part of the sale to APi Group.
Terms of the sale were not disclosed.

For more information visit Grunau's web site at: www.grunau.com.

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