M&A Deal Summary |
|
|---|---|
| Date | 2024-07-15 |
| Target | Pureit |
| Sector | Consumer Products |
| Buyer(s) | AO Smith |
| Sellers(s) | Hindustan Unilever |
| Deal Type | Divestiture |
| Deal Value | 120M USD |
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| Category | Company |
|---|---|
| Founded | 1874 |
| Sector | Manufacturing |
| Employees | 12,000 |
| Revenue | 3.9B USD (2023) |
AO Smith is a manufacturer of water heaters and boilers, serving a diverse mix of residential and commercial end markets. The Company's water heater segment offers electric, natural gas and liquid propane models as well as solar tanks and gas tankless units for today’s energy efficient homes. AO Smith's commercial boilers are used primarily in space heating applications including hospitals, schools, hotels and other large commercial buildings. AO Smith was incorporated in 1874 and is based in Milwaukee, Wisconsin.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 14 |
| Sector (Consumer Products) | 1 of 1 |
| Type (Divestiture) | 3 of 3 |
| Country (India) | 1 of 1 |
| Year (2024) | 1 of 1 |
| Size (of disclosed) | 6 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-06 |
Water Tec
Tucson, Arizona, United States Water Tec is a water treatment company that provides whole-house water conditioners, water softeners, drinking water systems, reverse osmosis, filter systems, salt-free systems, repair parts, replacement filters, and supplies, and residential and commercial installation services. Water Tec was formed in 1967 and is based in Tucson, Arizona. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1888 |
| Sector | Consumer Products |
| Employees | 19,427 |
| Revenue | 609.7B INR (2024) |
Hindustan Unilever is India's Consumer Goods Company with a heritage of over 80 years in India and touches the lives of two out of three Indians. The Company has over 16,000 employees and has an annual turnover of27408crores (financial year 2013 - 2014). HUL is a subsidiary of Unilever, one of the world’s leading suppliers of fast moving consumer goods with strong local roots in more than 100 countries across the globe with annual sales of €49.8 billion in 2013. Unilever has 67.25% shareholding in HUL. Hindustan Unilever was founded in 1888 and is based in Mumbai, India.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Consumer Products) | 1 of 1 |
| Type (Divestiture) | 3 of 3 |
| Country (India) | 3 of 3 |
| Year (2024) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-04-01 |
GlaxoSmithKline Consumer Healthcare
Gurugram, India GlaxoSmithKline Consumer Healthcare Ltd. is a consumer healthcare company that provides brands like Sensodyne, Eno, Crocin, and Otrivin. GlaxoSmithKline Consumer Healthcare is based in Gurugram, India. |
Buy | - |
