Add-on acquisition Dec 2005 · China Verified
A. O. Smith Acquired Yueyang Zhongmin Commercial Hermetic Motors Business
A. O. Smith's Electrical Products segment completed the acquisition of the Yueyang Zhongmin commercial hermetic motors business in China during the fourth quarter of 2005, contributing to expected higher sales in 2006.
“Higher sales will result from improved pricing to offset higher material costs, new business, and the fourth quarter 2005 acquisition of the Yueyang Zhongmin commercial hermetic motors business in China.”
Entities
A.O. Smith Corp. · Acquirer Yueyang Zhongmin · Target
HVAC Sentiment: Positive
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