A. O. Smith to acquire Lochinvar for $418 million

A. O. Smith signed a definitive agreement to acquire Lebanon, TN-based Lochinvar Corp., a high-efficiency boiler manufacturer, for $418 million, expanding its global water heating platform. Deal expected to close Q3 2011.

“[A. O. Smith Corp.](link:http://www.aosmith.com) today announced it has signed a definitive agreement to acquire Lebanon, TN-based [Lochinvar Corp.](link:http://www.lochinvar.com) for $418 million and will not assume Lochinvar’s existing debt.”

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