Add-on Acquisition • Manufacturing

Watts Acquires Topway Global

On November 9, 2007, Watts acquired manufacturer Topway Global

Acquisition Context
  • This is Watts’ 2nd transaction in the Manufacturing sector.
  • This is Watts’ 2nd transaction in the United States.
  • This is Watts’ 1st transaction in California.

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M&A Deal Summary

Date November 9, 2007
Target Topway Global
Sector Manufacturing
Buyer(s) Watts
Deal Type Add-on Acquisition

Target Company

Topway Global

Brea, California, United States
Topway Global manufactures a wide variety of water softeners, point of entry filter units, and point of use drinking water systems for residential, commercial and industrial applications.
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Buyer Overview 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 Context for Buyer #
Overall 2 of 14
Sector: Manufacturing 2 of 6
Type: Add-on Acquisition 2 of 14
State: California 1 of 2
Country: United States 2 of 10
Year: 2007 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-01 HF scientific

Fort Myers, Florida, United States

HF scientific, Inc. is a developer and manufacturer of an on-line continuous monitoring instruments, as well as instrumentation for laboratory and field use.

Buy -
FOLLOWING 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 -