On the Record · Smith A O
Smith A O acquisitions, on the record
The businesses Smith A O bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Water Tec of Tucson, Inc (Water Tec)Word for word“We expanded our product offerings and geographic footprint with the acquisitions of Hague Quality Water International (Hague) in 2017, Water-Right, Inc. (Water-Right) in 2019, Master Water Conditioning Corporation (Master Water) in 2021, Atlantic Filter Corporation (Atlantic Filter) in 2022 and Water Tec of Tucson, Inc (Water Tec) in 2023.” 10-K for 2023 | acquisition | in 2023 | — |
Giant Factories, Inc. (Giant)Word for word“On October 19, 2021, the Company acquired 100 percent of the shares and related assets of Giant, a Canada-based manufacturer of residential and commercial water heaters for $ 198.6 million, net of cash acquired.” 10-K for 2023 | acquisition | October 19, 2021 | $ 198.6 million |
privately-held water treatment company (2023)Word for word“During the third quarter of 2023, the Company acquired a privately-held water treatment company.” 10-K for 2023 | acquisition | third quarter of 2023 | — |
privately-held water treatment company (2022)Word for word“During the second quarter of 2022, the Company acquired a privately-held water treatment company.” 10-K for 2023 | acquisition | second quarter of 2022 | — |
business in TurkeyWord for word“Restructuring and impairment expenses in 2023 were $18.8 million, of which $15.6 million related to the sale of our business in Turkey which was included in our Rest of World segment.” 10-K for 2023 | divestiture | — | — |
Aquasana, Inc. (Aquasana)Word for word“With the acquisition of Aquasana, Inc. (Aquasana) in 2016 we entered the water treatment market.” 10-K for 2024 | acquisition | 2016 | — |
Hague Quality Water International (Hague)Word for word“We expanded our product offerings and geographic footprint with the acquisitions of Hague Quality Water International (Hague) in 2017, Water-Right, Inc. (Water-Right) in 2019, Master Water Conditioning Corporation (Master Water) in 2021, Atlantic Filter Corporation (Atlantic Filter) in 2022, Water Tec of Tucson, Inc (Water Tec) in 2023 and Impact Water Products (Impact) in 2024.” 10-K for 2024 | acquisition | 2017 | — |
Water-Right, Inc. (Water-Right)Word for word“We expanded our product offerings and geographic footprint with the acquisitions of Hague Quality Water International (Hague) in 2017, Water-Right, Inc. (Water-Right) in 2019, Master Water Conditioning Corporation (Master Water) in 2021, Atlantic Filter Corporation (Atlantic Filter) in 2022, Water Tec of Tucson, Inc (Water Tec) in 2023 and Impact Water Products (Impact) in 2024.” 10-K for 2024 | acquisition | 2019 | — |
Master Water Conditioning Corporation (Master Water)Word for word“We expanded our product offerings and geographic footprint with the acquisitions of Hague Quality Water International (Hague) in 2017, Water-Right, Inc. (Water-Right) in 2019, Master Water Conditioning Corporation (Master Water) in 2021, Atlantic Filter Corporation (Atlantic Filter) in 2022, Water Tec of Tucson, Inc (Water Tec) in 2023 and Impact Water Products (Impact) in 2024.” 10-K for 2024 | acquisition | 2021 | — |
Atlantic Filter Corporation (Atlantic Filter)Word for word“We expanded our product offerings and geographic footprint with the acquisitions of Hague Quality Water International (Hague) in 2017, Water-Right, Inc. (Water-Right) in 2019, Master Water Conditioning Corporation (Master Water) in 2021, Atlantic Filter Corporation (Atlantic Filter) in 2022, Water Tec of Tucson, Inc (Water Tec) in 2023 and Impact Water Products (Impact) in 2024.” 10-K for 2024 | acquisition | 2022 | — |
Impact Water Products (Impact)Word for word“We expanded our product offerings and geographic footprint with the acquisitions of Hague Quality Water International (Hague) in 2017, Water-Right, Inc. (Water-Right) in 2019, Master Water Conditioning Corporation (Master Water) in 2021, Atlantic Filter Corporation (Atlantic Filter) in 2022, Water Tec of Tucson, Inc (Water Tec) in 2023 and Impact Water Products (Impact) in 2024.” 10-K for 2024 | acquisition | 2024 | — |
Pureit, a residential water purification business in South AsiaWord for word“During the fourth quarter of 2024, the Company acquired Pureit, a residential water purification business in South Asia, from Unilever for an aggregate purchase price of $ 124.6 million.” 10-K for 2024 | acquisition | fourth quarter of 2024 | $ 124.6 million |
Impact Water Products, a privately-held water treatment companyWord for word“In the first quarter of 2024, we acquired Impact Water Products, a privately-held water treatment company.” 10-K for 2024 | acquisition | first quarter of 2024 | — |
privately-held water treatment companyWord for word“During the third quarter of 2023, the Company acquired a privately-held water treatment company.” 10-K for 2024 | acquisition | third quarter of 2023 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $90.8 million | $70 million |
| 2017-12-31 | $43.1 million | $22.2 million |
| 2018-12-31 | $0 | — |
| 2019-12-31 | $107 million | $31 million |
| 2020-12-31 | $0 | — |
| 2021-12-31 | $207.6 million | $82.5 million |
| 2022-12-31 | $8 million | — |
| 2023-12-31 | $16.8 million | $11.2 million |
| 2024-12-31 | $145.9 million | $138.4 million |
| 2025-12-31 | $0 | — |
Read from Smith A O’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-10. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.