Watts Water Technologies acquires Kim Olofsson Safe Corp. (KimSafe)

Watts Water Technologies acquired Sweden's Kim Olofsson Safe Corp. AB (KimSafe), a maker of electronic controls for heat pump, solar and pellet heater applications with approximately $7 million in annual revenue, in a stock purchase.

“Sweden's Kim Olofsson Safe Corp. AB (KimSafe) in a stock purchase. KimSafe manufactures electronic controls for heat pump, solar and pellet heater applications. It has approximately $7 million in annual revenue.”

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