Watts Water Technologies Inc. Completes Acquisition of Josam Company
Watts Water Technologies, Inc., (NYSE: WTS) (“Watts”) – through its subsidiaries, one of the world’s leading manufacturers and providers of plumbing, heating and water quality products and solutions – today announced that it has completed the previously announced acquisition of Josam Company (“Josam”), a leading provider and manufacturer of drainage and plumbing products for over 100 years.
- Watts Water Technologies, Inc., (NYSE: WTS) (“Watts”) – through its subsidiaries, one of the world’s leading manufacturers and providers of plumbing, heating and water quality products and solutions – today announced that it has completed the previously announced acquisition of Josam Company (“Josam”), a leading provider and manufacturer of drainage and plumbing products for over 100 years.
- The company offers a comprehensive portfolio of high-quality customized products to a diverse customer base serving commercial, industrial, and multi-family end markets.
- Chief Executive Officer Robert J. Pagano Jr. commented, “We are excited to welcome the Josam team to Watts.
- I want to thank the teams at Watts and Josam for their efforts to get us to closing today and helping to ensure a smooth, effective transition as we integrate Josam with Watts.”
Additional information regarding the transaction will be discussed during the Watts fourth quarter earnings call in February 2024.