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美国专业直饮净水器森乐空气净化器--美国原装
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美国AO Smith 收购Water-Right拓展中央净水渠道

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发表于 2019-4-11 11:19 | 显示全部楼层 |阅读模式
美国 A.O. Smith收购了Water-Right公司。收购总价1.07亿美金现金。
& D& L4 r) G' g3 j; P0 JWater-Right主要做家用中央净水及中央软水和商用产品目前是美国家居连锁Lowe’s的独家净水产品供应商。2018年营业收入达8700万美金。目前拥有90名员工。
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8 B* T1 }: e! R! E# w3 mA.O. Smith acquiring Appleton-based Water-RightExpands water treatment offerings to wholesale, dealer channels
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Milwaukee-based A.O. Smith Corp. has acquired Appleton-based Water-Right Inc. for $107 million in cash.# j* N& v  Y0 Z% {

+ ?6 n1 S& b9 m; o- u$ MKnown for its boilers and water heaters in North America, A.O. Smith pushed into the North American water treatment market in 2016 with the acquisition of Aquasana, a filtration company, and added Hague, a water softening company in 2017. The company has primarily offered its products through retail channels, including a line of offerings at Lowe’s stores that launched in August 2018.4 z5 Z6 X4 Z! c' _% r5 I

* K$ F8 ]$ R8 YThe acquisition, which closed Monday, includes all Water-Right subsidiaries, real estate and Mineral-Right Inc., its sister company. Water-Right provides a line of residential and commercial water treatment products and systems for a wide variety of applications, including problem well water.6 T" h& x- u% @! q  [' d
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“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 Kevin Wheeler, president and CEO of A.O. Smith.
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' u+ Z: o" r3 v; l9 A9 J/ ZSales in the North American water treatment business have grown from $18 million in 2016 to $87 million last year. Prior to the Water-Right deal, the company said it expected sales to grow another 35% to 40% in 2019 as the company benefits from a full year as the exclusive water treatment supplier to Lowe’s home improvement stores.! O, J+ ]/ C8 Z/ i
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Water-Right will add around $60 million in annual sales and 90 employees to the company’s water treatment business.
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Kurt Gruett, Guy Gruett and Greg Gruett will continue to lead the businesses. Water-Right offices will remain in Appleton and Mineral-Right will remain in Phillipsburg, Kansas, A.O. Smith said. Glenn Gruett, Water-Right founder, will continue to provide insight and business counsel.6 P* ?7 k. a2 ^; r0 u" s

$ n2 b; U+ C# _“We’re honored and excited that the business founded and nurtured by my father and expanded by my brothers and me is finding a long-term future home with A. O. Smith, an innovative and global leader in water technology,” said Kurt Gruett, Water-Right president. “We’re confident that A. O. Smith – with its global capabilities and manufacturing expertise – will be able to take Water-Right and its family of products to the next level.”
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https://www.biztimes.com/2019/in ... -based-water-right/
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