Plotted by close date where disclosed, otherwise announcement. Select any marker to jump to the deal entry.
Three patterns show up across Watts Water's deal book — what the team buys, how it pays, and how it integrates. The patterns are the throughline; the deals below are the evidence.
6 acquisitions. Each entry carries the deal value, financing structure, target revenue, executive commentary, and the original SEC filing — the evidence behind the patterns above.
Hutchinson, Kansas-based designer and manufacturer of a wide range of customized steam and hot water boiler systems for commercial, institutional and industrial applications. approximately $88.7 million (aggregate net purchase price).
Superior is headquartered in Hutchinson, Kansas, and is a designer and manufacturer of a wide range of customized steam and hot water boiler systems for commercial, institutional and industrial applications.Watts Water FY2025 10-K — Acquisitions note
Oviedo, Florida-based designer and manufacturer of intelligent plumbing controls addressing the unique challenges of water management in correctional facilities. approximately $70.7 million (final net purchase price).
I-CON is headquartered in Oviedo, Florida, and is a designer and manufacturer of intelligent plumbing controls, addressing the unique challenges of water management in correctional facilities.Watts Water FY2025 10-K — Acquisitions note
Manufacturer of plumbing fixtures, washroom accessories and emergency safety products serving commercial (primarily institutional) and industrial end markets; annual net sales of approximately $200 million. $303 million (announced; approximately $301.2 million net purchase price at close, net of cash acquired of $9.2 million; net transaction value approximately $268 million after expected tax benefits).
Today's strategic acquisition delivers on our mission to improve comfort, safety and quality of life for people around the world. Bradley's complementary portfolio will enable us to provide our customers with innovative water solutions, as it adds front-of-the-wall applications to our differentiated back-of-the-wall portfolio. We believe we can leverage the combined strengths of the two companies' sales networks and channel relationships to facilitate cross selling and accelerate growth.Robert J. Pagano Jr. — Chief Executive Officer, Watts Water Technologies
Diane McClintock, IR: the company benefited from incremental sales due to the acquisitions of Enware, Bradley, and Josam, and was very pleased with the performance of these new acquisitions, expecting them to continue contributing to long-term success.
Blauvelt, New York-based manufacturer of a wide range of high-efficiency commercial boilers and water heaters, distributed primarily in the United States for commercial markets; a portfolio entity of The Riverside Company. Trailing twelve months sales approximated $100 million. $264.5 million in cash (on a debt/cash free basis, subject to working capital adjustment).
Acquiring AERCO will allow us to expand our product breadth to the strategically important adjacency of heat and hot water offerings. AERCO is a recognized leader in the fast growing market for high efficiency boilers and hot water heaters, with solid operating margins and attractive opportunities to continue its strong growth. AERCO's products complement our existing portfolio, strengthening our ability to provide a total solution for our customers. With our existing international footprint, we also anticipate expanding AERCO's worldwide presence.Robert J. Pagano Jr. — Chief Executive Officer, Watts Water Technologies
France-based manufacturer of a wide range of water protection valves and flow control solutions for the plumbing market and for HVAC; products distributed worldwide for municipal, industrial, commercial and residential use; includes the related water controls business of certain other entities controlled by Danfoss A/S. 2010 annual revenue (including water controls business in China) approximately $135 million. approximately $165 million in cash.
Socla significantly strengthens our European plumbing and flow control platform and also adds to our HVAC platform. Socla's major product lines include backflow preventers, check valves and pressure reducing valves, which are very similar to our core product lines in North America. This transaction positions Watts as a strong competitor in Europe in three key areas: (i) residential and commercial flow control; (ii) HVAC and gas; and (iii) drains.David Coghlan — Chief Executive Officer, Watts Water Technologies
Vildbjerg, Denmark-based leading provider of stainless steel drainage systems in Europe and worldwide leader in stainless steel drainage products to the marine industry; main products include push-fit stainless steel pipes and related fittings, drains for residential, commercial, marine, and heavy-duty industrial applications (including brewery and pharmaceutical). approximately $183 million.
Blucher Metal A/S is a leading provider of stainless steel drainage systems in Europe and a worldwide leader in providing stainless steel drainage products to the marine industry. We are extremely pleased with the acquisition of Blucher. Blucher is a well-managed company with a strong brand name. Blucher provides us a new product platform in Europe while allowing us to offer a broader product line to our existing professional customer base.Patrick S. O'Keefe — Chief Executive Officer, Watts Water Technologies