Watts Water Technologies Inc. (NYSE: WTS) is Bradley Corp. for $303 million.
Bradley is a manufacturer of commercial washroom and emergency safety products mainly for the industrials sector. The company offers plumbing fixtures, washroom accessories and emergency safety products, and has annual net sales of approximately $200 million. Watts is a manufacturer of plumbing, heating and water quality products.
“We believe we can leverage the combined strengths of the two companies’ sales networks and channel relationships to facilitate cross selling and accelerate growth,” says Watts CEO Robert Pagano Jr.