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Add-on acquisition · Closed Oct 2021 Verified

A.O. Smith acquires Giant Factories Inc. for ~$192 million

Relationship map

Relationship map for A.O. Smith acquires Giant Factories Inc. for ~$192 millionparent ofA.O. Smith Corp.: PlatformAOA.O. Smith Corp.Giant Factories Inc.: Operating CompanyGFGiant Factories Inc.
Operating CompanyPlatform

Parties

Acquirer
A.O. Smith Corp.
Platform
Target
Giant Factories Inc.
Operating Company

Market signals

Deal value$192M reported approximate as reported by achrnews.com

Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.

Summary

A.O. Smith Corporation acquired Canadian water-heater manufacturer Giant Factories Inc. for approximately USD $192 million in cash, expanding A.O. Smith's North American water-heater operations and Canadian market presence.