M&A Deal Summary |
|
---|---|
Date | 2001-09-17 |
Target | State Industries |
Sector | Electrical Equipment |
Buyer(s) | AO Smith |
Deal Type | Add-on Acquisition |
Deal Value | 58M USD |
Advisor(s) | Seale & Associates, Inc. (Financial) |
SEARCH BY
Try For Free 7-Day Free Trial
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 | 3 of 14 |
Sector (Electrical Equipment) | 3 of 7 |
Type (Add-on Acquisition) | 1 of 11 |
State (Tennessee) | 1 of 3 |
Country (United States) | 3 of 10 |
Year (2001) | 1 of 1 |
Size (of disclosed) | 9 of 9 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
1999-08-02 |
MagneTek - Motor Operations
Menomonee Falls, Wisconsin, United States MagneTek - Motor Operations is a manufacturer of both fractional horsepower and integral horsepower AC and DC electric motors. |
Buy | $250M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2005-11-08 |
Yueyang Zhongmin Special Electrical Machinery
Yueyang, China Yueyang Zhongmin Special Electrical Machinery Co., Ltd. is a manufacturer of hermetic motors. |
Buy | - |