PlatformIndustrials
CPE acquires 81% stake in A. O. Smith China business
CPE agreed to acquire an 81% interest in A. O. Smith's China water heating business, valued at about $400 million, with A. O. Smith retaining 19% and a brand license.
- Target
- A. O. Smith (China) Investment
- Sponsor
- CPE
- Value
- approximately $400 million
- Source
- PR Newswire