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Majority stake · Closed Apr 2009 Verified

A.O. Smith acquires Applied Energy Recovery Systems (heat pump water heater maker)

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Relationship map for A.O. Smith acquires Applied Energy Recovery Systems (heat pump water heater maker)parent ofA.O. Smith Corp.: PlatformAOA.O. Smith Corp.Applied Energy Recovery Systems Inc.: Operating CompanyAEApplied Energy Recove…
Operating CompanyPlatform

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Acquirer
A.O. Smith Corp.
Platform
Target
Applied Energy Recovery Systems Inc.
Operating Company

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Summary

A.O. Smith Corp. acquired Applied Energy Recovery Systems Inc. (AERS), a manufacturer of commercial and residential heat pump water heaters. Strategic acquisition; terms not disclosed.