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Majority stake Announced Sep 2001 Verified

A.O. Smith to acquire State Industries for $58M

Relationship map

Relationship map for A.O. Smith to acquire State Industries for $58Mparent ofA.O. Smith Corp.: PlatformAOA.O. Smith Corp.State Industries, Inc.: Operating CompanySIState Industries, Inc.
Operating CompanyPlatform

Parties

Acquirer
A.O. Smith Corp.
Platform
Target
State Industries, Inc.
Operating Company

Market signals

Summary

A.O. Smith Corp. to acquire State Industries Inc. for $58 million and assume approximately $51 million of debt