Deal closed Apr 2006 · Canada Verified
A. O. Smith Completes Acquisition of GSW
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.
“On April 4, the company completed its acquisition of GSW, a Canadian-based manufacturer of water heaters and building products, for approximately $340 (U. S.) million in cash.”
Entities
HVACPlumbing Sentiment: Positive
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.