M&A Deal Summary

Watts Acquires Saudi Cast

On December 1, 2025, Watts acquired manufacturer Saudi Cast

Acquisition Highlights
  • This is Watts’ 6th transaction in the Manufacturing sector.
  • This is Watts’ 1st transaction in Saudi Arabia.

M&A Deal Summary

Date 2025-12-01
Target Saudi Cast
Sector Manufacturing
Buyer(s) Watts
Deal Type Add-on Acquisition

Target

Saudi Cast

Riyadh, Saudi Arabia
Saudi Cast specialises in cast-iron and drainage products such as manhole covers, roof drains, floor drains, gratings, parking/area drains, stainless-steel drains, cleanouts, and other drainage and access-cover solutions. Saudi Cast was founded in 1972 and is based in Riyadh, Saudi Arabia.

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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 14 of 14
Sector: Manufacturing M&A 6 of 6
Type: Add-on Acquisition M&A Deals 14 of 14
Country: Saudi Arabia M&A 1 of 1
Year: 2025 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-17 Superior Boiler

Hutchinson, Kansas, United States

Superior Boiler is a manufacturer of industrial and commercial steam and hot-water boilers, including firetube, watertube, condensing and modular boiler systems, and associated boiler-room equipment. Superior Boiler was founded in 1917 and is based in Hutchinson, Kansas.

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