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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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