A.O. Smith to acquire Pureit water-purification business from Unilever for ~$120M

A.O. Smith signed an agreement to acquire Unilever's Pureit residential water-purification business (~$60M annual sales, mainly India) for approximately $120 million cash, expected to close by end of 2024.

“A. O. Smith announced that it has signed an agreement to acquire Pureit from Unilever. Pureit offers a broad range of residential water purification solutions and has annual sales of approximately USD $60 million, primarily in India. The purchase price will be approximately USD $120 million in cash, subject to customary adjustments.”

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