A.O. Smith Aktie
WKN: 868323 / ISIN: US8318652091
08.04.2019 23:16:12
|
A. O. Smith Acquires Water-Right For $107 Mln
(RTTNews) - A. O. Smith Corp. (AOS) Monday said it acquired Water-Right Inc., a Wisconsin-based water treatment company, for $107 million in cash.
The acquisition includes all Water-Right subsidiaries, real estate, and sister company Mineral-Right, Inc.
"The acquisition of Water-Right squarely supports A. O. Smith's growth trajectory in water treatment and enables A. O. Smith to expand beyond its strong presence in the direct-to-consumer and retail spaces with Water-Right's capabilities in the wholesale and independent water quality dealer channels," said CEO Kevin Wheeler.
Kurt Gruett, Guy Gruett and Greg Gruett will continue to lead the Water-Right businesses, while father and founder Glenn Gruett will continue to provide insight and business counsel. The Water-Right offices will remain based in Appleton, Wisconsin, and Mineral-Right will remain in Phillipsburg, Kansas.
Water-Right employs approximately 90 employees with annual sales of approximately $60 million.

Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu A.O. Smith Corp.mehr Nachrichten
18:02 |
Dienstagshandel in New York: S&P 500-Anleger greifen am Dienstagmittag zu (finanzen.at) | |
16:05 |
NYSE-Handel: S&P 500 springt zum Handelsstart kräftig an (finanzen.at) | |
07.04.25 |
Schwacher Handel in New York: S&P 500 fällt schlussendlich (finanzen.at) | |
07.04.25 |
NYSE-Handel: S&P 500 am Montagnachmittag stärker (finanzen.at) | |
07.04.25 |
Schwache Performance in New York: S&P 500 schwächelt mittags (finanzen.at) | |
07.04.25 |
Anleger in New York halten sich zurück: S&P 500 zum Start des Montagshandels im Minus (finanzen.at) | |
04.04.25 |
Freitagshandel in New York: S&P 500 letztendlich im freien Fall (finanzen.at) | |
04.04.25 |
Minuszeichen in New York: S&P 500-Börsianer nehmen nachmittags Reißaus (finanzen.at) |
Analysen zu A.O. Smith Corp.mehr Analysen
Aktien in diesem Artikel
A.O. Smith Corp. | 55,92 | 2,27% |
|