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Add-on acquisition · Closed Jan 2002

Watts Industries acquires Fimet S.r.l. (HVAC gauges) and subsidiary MTB AD

Relationship map

Relationship map for Watts Industries acquires Fimet S.r.l. (HVAC gauges) and subsidiary MTB ADparent ofWatts Industries, Inc.: PlatformWIWatts Industries, Inc.MTB AD: Operating CompanyMAMTB AD
Operating CompanyPlatform

Parties

Acquirer
Watts Industries, Inc.
Platform
Target
MTB AD
Operating Company

Summary

Watts also acquired Italy-based Fimet S.r.l., a European maker of pressure and temperature gauges for the HVAC market, along with Fimet's Bulgarian subsidiary MTB AD.