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Majority stake Announced Jan 2006 Closed Apr 2006 Verified

A. O. Smith Completes Acquisition of GSW

Relationship map

Relationship map for A. O. Smith Completes Acquisition of GSWparent ofA.O. Smith Corp.: PlatformAOA.O. Smith Corp.GSW Inc.: Operating CompanyGIGSW Inc.
Operating CompanyPlatform

Parties

Acquirer
A.O. Smith Corp.
Platform
Target
GSW Inc.
Operating Company

Market signals

Deal value$393.5M 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 completed its acquisition of GSW, a Canadian-based manufacturer of water heaters and building products, on April 4, 2006, for approximately $340 million in cash. The acquisition expands A. O. Smith's position in the U.S. retail and Canadian water heater markets.

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