Watts Water Technologies Acquires Josam Company
December 11, 2023
Watts Water Technologies, Inc. has acquired Josam Company, a Michigan City, Indiana–based manufacturer of drainage and plumbing products with approximately $35 million in annualized sales. The purchase, funded with cash on hand, expands Watts’ product portfolio and channel capabilities and is intended to drive growth through cross-selling and complementary offerings.
- Buyers
- Watts Water Technologies, Inc.
- Targets
- Josam Company
- Industry
- Building Products
- Location
- Indiana, United States
- Transaction Type
- Buyout
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