Consolidation trend Sep 2023 · North America Verified
A.O. Smith's serial water-treatment roll-up
The Water Tec deal is part of a multi-year string of A.O. Smith water-treatment acquisitions, including Atlantic Filter, Master Water, Water-Right Group, Hague Quality Water, and Aquasana, building out its North American water-treatment business.
“Water Tec joins other recent A. O. Smith acquisitions — Atlantic Filter (2022), Master Water Corporation (2021), Water-Right Group (2019), Hague Quality Water (2017), and Aquasana (2016) — in the company’s growing water-treatment business in North America, a press release from the company said.”
Entities
A. O. Smith Corp. · Acquirer Aquasana · Target Atlantic Filter · Target Hague Quality Water · Target Master Water Corporation · Target Water-Right Group · Target
Other
Source: www.achrnews.com
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