Watts Water Technologies to Acquire Bradley Corporation for $303 Million

August 30, 2023

Watts Water Technologies, Inc. entered into a definitive agreement to acquire Bradley Corporation for $303 million, subject to customary adjustments. The net transaction value is approximately $268 million and is expected to close in the fourth quarter of 2023, funded through cash on hand and Watts’ revolving credit facility.

Buyers
Watts Water Technologies, Inc.
Targets
Bradley Corporation
Industry
Manufacturing
Location
Wisconsin, United States
Transaction Type
Buyout

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