Watts Water Technologies acquired The Detection Group, Inc., a transaction completed in October 2020, structured as all cash (100% of shares).
The Detection Group, Inc. operates in Americas. Provider of wireless water-leak detection technology; Watts acquired 100% of the shares during the fourth quarter of 2020, aligning with its smart and connected strategy.
TDG aligns with our smart and connected strategy.
Advisory firms were not disclosed for this transaction.