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A. O. Smith Enters Long-Term Brand Licensing Agreement with CPE Following 81% Acquisition of China Business.
Oct 28, 2026
Contract Type
agreement
MilwaukeeManufacturingEnergyWater
Description
A. O. Smith Corporation has announced a definitive agreement with CPE for the acquisition of an 81% interest in its China business while retaining a 19% stake and a long-term brand licensing agreement. This transaction values the China business at approximately $400 million and aims to facilitate future growth and value creation.
Company Information
Company
A. O. Smith
Location
Milwaukee, Wisconsin, United States
About
AO Smith Corporation is a global water technology company headquartered in Wisconsin, USA. It specializes in water treatment products and solutions, aiming to provide safe and clean water for residential and commercial use.