M&A Deal Summary |
|
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Date | 2006-04-03 |
Target | American Water Heater |
Sector | Electrical Equipment |
Buyer(s) | AO Smith |
Deal Type | Add-on Acquisition |
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Category | Company |
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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 | 6 of 14 |
Sector (Electrical Equipment) | 6 of 7 |
Type (Add-on Acquisition) | 4 of 11 |
State (Tennessee) | 2 of 3 |
Country (United States) | 4 of 10 |
Year (2006) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2006-04-03 |
GSW
Oakville, Ontario, Canada GSW, Inc. is a water heating segment manufactures and markets water heaters sold in the U.S. and Canada through its American Water Heater Company and GSW Water Heater subsidiaries. |
Buy | $340M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2011-08-26 |
Lochinvar
Lebanon, Tennessee, United States Lochinvar LLC is a manufacturer of high-efficiency boilers used in commercial and residential hydronic heating and hot water applications. |
Buy | $418M |