About This Deal

Watts Water Technologies acquired Australian Valve Group Pty Ltd (AVG), a transaction completed in July 2020, structured as all cash (100% of shares).

Australian Valve Group Pty Ltd (AVG) operates in APMEA, is based in Australia. Australian supplier of valves and water control products; Watts acquired 100% of the shares in an all-cash transaction during the third quarter of 2020.

The acquisition aligns with Watts' strategy to expand geographically into countries with mature and enforced plumbing codes and enhances its product offering and channel access into the Australian marketplace.

Deal Terms

Acquirer
Watts Water Technologies
Target
Australian Valve Group Pty Ltd (AVG)
Value
Not disclosed
Date
July 2020
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Australia
Segment
APMEA
Structure
All cash (100% of shares)
Closed
July 1, 2020

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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