Watts Water to Acquire Danfoss

Watts Water Technologies is to acquire Danfoss A / S subsidiary Danfoss Socla and its related water controls business for €120m.

France-based Danfoss Socla manufactures water protection valves and flow control systems for the water market, as well as products for the municipal, industrial, commercial and residential water sectors.

Danfoss A / S will retain its pump manufacturing capabilities and its RO Solutions division, which produces isobaric energy recovery devices for the membrane water treatment market.

Watts Water Technologies manufactures products to control the efficiency, safety, and quality of water for residential, commercial, and institutional applications.