Public Company Manufacturing

A. O. Smith

Milwaukee, Wisconsin, United States

A global water technology and manufacturing company that provides water heating and water treatment solutions. Headquartered in Milwaukee, Wisconsin, it operates in multiple countries and sells and distributes products worldwide.

Focus Areas
Water heaters, Boilers, Water treatment equipment
Website
www.aosmith.com

Tracked deals

6

6 tracked deals across 2021-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

5 buyout · 1 divestiture

A. O. Smith Acquisition Volume by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for A. O. Smith. 2 2021 1 2022 1 2023 1 2024 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • A. O. Smith Acquires Leonard Valve for $470 Million
    January 8, 2026
    Buyer
    A. O. Smith Corporation
    Target
    Leonard Valve Company, LVC Holdco LLC, Heat-Timer Corporation
    Seller
    Bessemer Investors LLC, Niles Wilcox
    Industry
    Infrastructure
    Location
    Rhode Island, United States
    Type
    Buyout

    A. O. Smith entered into a definitive agreement to acquire Leonard Valve Company (including LVC Holdco LLC and its Heat-Timer brand) for $470 million to expand its water management and digital controls capabilities. The deal closed in early 2026, deepening A. O. Smith’s position in water temperature and flow control and broadening its commercial and institutional product portfolio.

  • A. O. Smith Acquires Pureit from Unilever
    November 1, 2024
    Buyer
    A. O. Smith Corporation
    Target
    Pureit
    Seller
    Unilever PLC
    Industry
    Consumer Products
    Location
    Maharashtra, India
    Type
    Divestiture

    A. O. Smith Corporation completed the acquisition of Pureit, Unilever’s residential water purification business, for approximately $120 million. The deal brings Pureit’s presence across India and other emerging markets into A. O. Smith’s portfolio and is intended to expand the company’s premium water treatment product offerings and e-commerce distribution footprint.

  • A. O. Smith Acquires Water Tec of Tucson
    September 6, 2023
    Buyer
    A. O. Smith Corporation
    Target
    Water Tec of Tucson
    Industry
    Manufacturing
    Location
    Arizona, United States
    Type
    Buyout

    A. O. Smith Corporation acquired Water Tec of Tucson, a family-owned water treatment equipment manufacturer and dealer based in Tucson, Arizona, in an all-cash transaction; terms were not disclosed. Water Tec will join A. O. Smith’s North America Water Treatment business to expand the company's West Coast presence, and members of the DeGrave family will remain with the business operating out of Tucson and Las Vegas.

  • A. O. Smith Acquires Atlantic Filter Corporation
    June 8, 2022
    Buyer
    A. O. Smith Corporation
    Target
    Atlantic Filter Corporation
    Seller
    James (Jamie) Wakem II and family
    Industry
    Manufacturing
    Location
    Florida, United States
    Type
    Buyout

    A. O. Smith Corporation acquired Atlantic Filter Corporation, a third-generation family-owned water treatment equipment manufacturer and dealer based in West Palm Beach, Florida. The all-cash deal (terms undisclosed) expands A. O. Smith's North America water treatment capabilities and presence in Florida; Atlantic Filter's leadership will remain in place.

  • A. O. Smith Acquires Giant Factories, Inc.
    October 19, 2021
    Buyer
    A. O. Smith Corporation
    Target
    Giant Factories, Inc.
    Industry
    Manufacturing
    Location
    Quebec, Canada
    Type
    Buyout

    A. O. Smith Corporation has acquired Giant Factories, Inc., a Canada-based manufacturer of residential and commercial water heaters, for approximately $192 million in cash. The acquisition expands A. O. Smith's presence in the Canadian water heater market, adds manufacturing capacity and distribution capabilities, and is expected to be accretive to EPS in the first full year after closing.

  • A. O. Smith Acquires Master Water Conditioning Corporation
    July 23, 2021
    Buyer
    A. O. Smith Corporation
    Target
    Master Water Conditioning Corporation
    Seller
    Master Water Conditioning Corporation shareholders (the Mest family)
    Industry
    Manufacturing
    Location
    Pennsylvania, United States
    Type
    Buyout

    A. O. Smith Corporation acquired Master Water Conditioning Corporation, a family-owned water treatment company based in Pottstown, Pennsylvania, in an all-cash transaction; terms were not disclosed. Master Water will join A. O. Smith’s North America Water Treatment business, with current president Richard Mest continuing to lead the Master Water operations from Pottstown.

Related Acquisition Pages

Manufacturing Buyers & Acquisitions 4 tracked deals by A. O. Smith. Consumer Products Buyers & Acquisitions 1 tracked deal by A. O. Smith. Infrastructure Buyers & Acquisitions 1 tracked deal by A. O. Smith. Acquisitions in Arizona 1 tracked deal by A. O. Smith. Acquisitions in Florida 1 tracked deal by A. O. Smith. Acquisitions in Pennsylvania 1 tracked deal by A. O. Smith. Acquisitions in Rhode Island 1 tracked deal by A. O. Smith.

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