CPE to Acquire 81% of A. O. Smith’s China Business
October 30, 2026
CPE has entered into agreements to acquire an 81% interest in A. O. Smith’s China business, held by A. O. Smith China Investment Co., at an approximately $400 million valuation. A. O. Smith will retain 19% ownership and license its brand in China; closing is expected in the first half of 2027, subject to regulatory approvals and customary conditions.
- Buyers
- CPE
- Targets
- A. O. Smith China business (A. O. Smith China Investment Co.)
- Sellers
- A. O. Smith Corporation
- Industry
- Manufacturing
- Location
- Jiangsu, China
- Transaction Type
- Divestiture
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