About This Deal

Watts Water Technologies acquired PVI Riverside Holdings, Inc. (PVI Industries), a transaction completed in November 2016, structured as all cash (100% of shares).

PVI Riverside Holdings, Inc. (PVI Industries) operates in Americas, is based in United States. Manufacturer of commercial water heaters; Watts acquired 100% of the shares, extending its commercial hot-water platform.

PVI's water heater product offering complements AERCO's boiler products, allowing Watts to address customers' total heating and hot water requirements.

Deal Terms

Acquirer
Watts Water Technologies
Target
PVI Riverside Holdings, Inc. (PVI Industries)
Value
Not disclosed
Date
November 2016
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
United States
Segment
Americas
Structure
All cash (100% of shares)
Closed
November 2, 2016

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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