Add-on acquisition · Closed Oct 2021 Verified
A.O. Smith acquires Giant Factories Inc. for ~$192 million
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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.