Deal closed Apr 2006 · United States and Canada Verified
A.O. Smith completes acquisition of GSW
A.O. Smith Corp. completed its acquisition of Canadian water heater and building products manufacturer GSW Inc. (2005 sales ~$520 million) for approximately $340 million in cash, strengthening its U.S. retail-channel and Canadian water heater positions.
“A.O. Smith Corp. has completed its acquisition of GSW Inc., a Canadian-based manufacturer of water heaters and building products, with 2005 sales of approximately $520 million, for approximately $340 million in cash.”
Entities
A.O. Smith Corp. · Acquirer GSW Inc. · Target
Other
Source: www.achrnews.com
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.