The sale is subject to regulatory approval. Both parties agreed not to disclose the price and terms of the deal, and anticipate a completion of the transaction over the coming weeks.
A. O. Smith — a Milwaukee-based manufacturer of residential and commercial water heaters, boilers and water treatment products — announced the beginning of its plans for integrating their most recent acquisition into its North American Water Treatment (NAWT) division.
First Sales designs, manufactures and distributes its products under the Sterling Water Treatment and Avid Water Systems brand names, primarily for customers in the United States.
Advanced Drainage Systems — a manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications — announced the acquisition of Infiltrator Water Technologies — a manufacturer of products for the water and wastewater industries — for a purchase price of approximately $1.08 billion, from an affiliate of the Ontario Teachers’ Pension Plan and other stockholders.
Two leading, century-old companies bring added support to fire protection customers, industry.
July 10, 2019
Effective July 8, 2019, Victaulic has purchased Globe Fire Sprinkler. Combined, these two respected companies will have the resources and capabilities to bring exciting new solutions to the fire protection industry around the world, Victaulic notes.
