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A. O. Smith Completes Acquisition of Leonard Valve Company
Prnewswire· 2026-01-07 05:30
MILWAUKEE, Jan. 6, 2026 /PRNewswire/ -- Global water technology company A. O. Smith Corporation (the "Company" or "A. O. Smith") (NYSE: AOS) announced today that it has completed the acquisition of LVC Holdco LLC ("Leonard Valve") for $470 million, subject to customary adjustments. The all-cash transaction is valued at approximately $412 million after adjusting for estimated tax benefits and was funded with cash borrowed under a new credit agreement. Continue Reading Leonard Valve logo (PRNewsfo ...