The acquisition, which is effective immediately, expands the product offering of Xylem into the luxury market segment and extends its manufacturing and sourcing reach to the European marketplace.

The Loft & Bath series includes bath furniture, bath accessories, fixtures and lighting from materials including wood, glass, leather, concrete, stainless steel, and ceramics. Coret is an exclusive brand of fixtures manufactured from an amalgam of resin and stone that is hygienic, burn resistant, and stain resistant.

Farshad Tafazzoli, founder and president of Zoli, will join Xylem Group to assist Xylem president Hal Weinstein in integrating the Loft & Bath and Coret brands into Xylem’s Group’s product lineup.