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Expansion Oct 2021 · Canada

A. O. Smith increases North America market penetration via Giant

The Giant acquisition supports A. O. Smith's strategy of increasing North America market penetration and enlarging its presence in the Canadian water heater market.

“The acquisition also supports our corporate strategy by increasing our North America market penetration, creating additional capacity and enhancing our distribution capabilities,”

Entities

A. O. Smith · Acquirer
Other 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.