A.O. Smith acquires Applied Energy Recovery Systems (heat pump water heater maker)

A.O. Smith Corp. acquired Applied Energy Recovery Systems Inc. (AERS), a manufacturer of commercial and residential heat pump water heaters. Strategic acquisition; terms not disclosed.

“MILWAUKEE - A.O. Smith Corp. announced that it has acquired Applied Energy Recovery Systems Inc. (AERS), Norcross, Ga., a leading manufacturer of commercial and residential heat pump water heaters. Terms of the transaction were not disclosed.”

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