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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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[新闻/评论] 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。
1 k  k' w' x. [, n5 ?" a. xWater-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。/ `2 }6 y- m- Z# B
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A.O. Smith acquiring Appleton-based Water-RightExpands water treatment offerings to wholesale, dealer channels# u; j+ e5 _1 W/ @$ a5 n* c

( ]; c) ?0 L7 a5 \Milwaukee-based A.O. Smith Corp. has acquired Appleton-based Water-Right Inc. for $107 million in cash.5 C  o0 @. z2 Y0 N1 M9 ^

4 h$ w! ~$ @  j+ 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 2018.1 S& _7 u( |' W& m; x" m; g( Z9 h
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The 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.2 p' [2 r3 v  B  o' `

) M# J; |! L  B0 l“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.: \0 s; G$ X! q
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Sales 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.3 n3 v. W# E  @0 z7 g1 j1 R
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Water-Right will add around $60 million in annual sales and 90 employees to the company’s water treatment business.& \/ J* ?3 Z: E  l' r; L

+ K* b/ i4 }. H% X: i( qKurt 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.3 q$ F& h9 J* Z+ S9 i

# }5 s! }; e) R& F# K+ i4 I“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.”# K% R+ J5 g& J: d* d$ }6 p8 s, Q
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https://www.biztimes.com/2019/in ... -based-water-right/+ ^. Z) J- y% V* c( m

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