A. O. Smith Corporation acquired Atlantic Filter Corporation for $5.5 million (aggregate cash purchase price, net of cash acquired), a transaction completed in April 2022, structured as all cash.
Atlantic Filter Corporation operates in North America Water Treatment, is based in West Palm Beach, Florida, USA. A. O. Smith acquired Atlantic Filter Corporation, a third-generation family-owned water-treatment company founded in 1955 and based in West Palm Beach, Florida, in an all-cash transaction. A. O. Smith's FY2022 Form 10-K reports the company acquired a privately held water-treatment company during the second quarter of 2022 for an aggregate cash purchase price of $5.5 million, net of cash acquired.
Expands A. O. Smith's North America water-treatment platform and dealer footprint.
North America segment
Advisory firms were not disclosed for this transaction.