Subsequent Events

12 Months Ended

Dec. 26, 2015

Subsequent Events [Abstract]

Subsequent Events

Note 18 – Subsequent Events

On December 30, 2015, the Company entered into a joint venture agreement with Cayan Ventures and Bahrain Mumtalakat Holding Company to build a copper tube mill in Bahrain.  The business will operate and brand its products under the Mueller Industries family of brands.  Under the agreement, the Company will invest approximately $5.5 million of cash and will be the technical and marketing lead in return for 40 percent ownership in the joint venture.

In February 2016, the Company entered into an agreement providing for the purchase of a 60 percent equity interest in Jungwoo Metal Ind. Co., LTD (Jungwoo) for approximately $21.0 million.  Jungwoo is a manufacturer of copper-based pipe joining products headquartered in Seoul, South Korea and serves markets worldwide.  The transaction is subject to certain closing conditions, including Korean regulatory approval, and is expected to be completed in the first quarter of 2016.