Acquisition extends a long-term strategy for market growth and channel expansion.

This acquisition affirms its commitment to its North American growth strategy. Aliaxis is bolstering its product range with a more comprehensive portfolio in fire suppression systems for residential and light commercial applications. The acquisition will be part of IPEX, Aliaxis' leading brand in the region.

The acquisition aligns with Bradford White’s commitment to innovation and quality and enhances the company’s smart technology offerings. 

The purchase price for the acquired businesses is $8 billion. The acquisition is expected to be closed in approximately 12 months. 

The Company expects to complete the acquisition of Pureit by the end of 2024 and does not expect the acquisition to have a material impact on earnings in the first year. 

Heat-flo’s expansive heating system solutions and indirect stainless steel product portfolio will allow the company to expand its capabilities to meet the rapidly evolving regulatory environment in the water heater industry.

The expertise of P2S combined with Legence’s expertise in energy efficiency in the built environment across the U.S. will complement one another to provide a unique and more robust set of services and a purposeful mission to decarbonize the built environment. 

The award recognizes companies for outstanding business achievement in the environmental industry in 2023. 

The acquisition extends NSF’s service offerings in the water industry, furthering its commitment to the quality, performance and safety of water products globally.

For more than 100 years, Durgo has been a leading manufacturer and highly respected brand in the plumbing industry throughout Europe and Asia.