A. O. Smith acquires water heater manufacturer Giant Factories - NewsBreak
By Yoongi in Business
Updated 3 years ago
Global water technology company A. O. Smith has acquired Giant Factories Inc., a Canada-based manufacturer of residential and commercial water heaters. The purchase price is about $192 million in cash. "The addition of Giant strengthens our leadership position as a global supplier of residential and commercial water heaters. The acquisition...