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  6. Watts Acquires Tekmar Control Systems

M&A Deal Summary

Watts Acquires Tekmar Control Systems

On January 31, 2012, Watts acquired machinery company Tekmar Control Systems

Acquisition Highlights
  • This is Watts’ 1st transaction in the Machinery sector.
  • This is Watts’ 1st transaction in Canada.
  • This is Watts’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2012-01-31
Target Tekmar Control Systems
Sector Machinery
Buyer(s) Watts
Deal Type Add-on Acquisition

Target

Tekmar Control Systems

Vernon, British Columbia, Canada
Tekmar Control Systems Ltd. is a designer and manufacturer of energy saving control solutions for a heating, ventilating, and air-conditioning applications.

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Buyer(S) 1

Buyer

Watts

North Andover, Massachusetts, United States
Category Company
Founded 1874
Sector Manufacturing
Employees4,800
Revenue 2.3B USD (2024)
DESCRIPTION
Entrance to Watts Water Technologies' corporate headquarters in North Andover, Massachusetts.
Entrance to Watts Water Technologies' corporate headquarters in North Andover, Massachusetts.

Watts is a manufacturer of products to control the efficiency, safety, and quality of water within residential, commercial, and institutional applications. Watts was founded in 1874 and is based in North Andover, Massachusetts.

DEAL STATS #
Overall 4 of 14
Sector: Machinery M&A 1 of 4
Type: Add-on Acquisition M&A Deals 4 of 14
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-08 Blucher Metal A/S

Vildbjerg, Denmark

Blucher Metal A/S is a supplier of stainless steel drainage products and systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-21 Flomatic

Glen Falls, New York, United States

Flomatic Corporation specializes in manufacturing and selling check valves, foot valves and automatic hydraulic control valves for the well water industry.

Sell -
Mergr

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