A. O. Smith to Acquire Pureit, a Leading Water Purification Business in South Asia

MILWAUKEE, July 15, 2024 /PRNewswire/ -- Global water technology company A. O. Smith Corporation (the "Company") (NYSE: AOS) announced today that it has signed an agreement to acquire Pureit from Unilever. Pureit offers a broad range of residential water purification solutions and has annual sales of approximately USD $60 million, primarily in India. The purchase price will be approximately USD$120 million in cash, subject to customary adjustments. The Company expects to complete the acquisition of Pureit ...