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New Deal


Announced

Completed

Watts Water Technologies completed the acquisition of Bradley for $303m.

Financials

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Transaction Value£240m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Domestic

Private

Majority

Friendly

Single Bidder

emergency safety

Security Equipment

Completed

Synopsis

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Watts Water Technologies, a manufacturer and provider of plumbing, heating and water quality products and solutions, completed the acquisition of Bradley, a provider and manufacturer of commercial washroom and emergency safety products, for $303m. “We are thrilled to welcome the Bradley team to Watts. The closing of this transaction is the first step to realizing the significant value of combining two innovative businesses with over 250 years of collective industry experience. I want to thank the teams at Watts and Bradley for their efforts to get us to closing today and helping to ensure a smooth, effective transition as we integrate Bradley with Watts," Robert J. Pagano, Watts Water CEO.

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