A. O. Smith Completes Acquisition of Leonard Valve

Global water technology company A. O. Smith Corporation has completed the acquisition of LVC Holdco LLC (Leonard Valve) for $470 million.

“This acquisition expands our presence in the water management market, enhances our digital expertise and broadens our integrated product offering with commercial and institutional customers,” said Steve Shafer, chief executive officer of A. O. Smith. “Both companies share a commitment to innovation, integrity and exceptional customer service.”

Founded in 1911 and headquartered in Cranston, Rhode Island, Leonard Valve designs and manufactures water temperature control valves, digital and thermostatic mixing systems, and related monitoring devices used in hospitals, schools, universities, industrial facilities and other institutional and commercial settings. Together with its Heat-Timer brand of advanced boiler controls, Leonard Valve helps customers ensure safe, precise and efficient control of water temperature and hydronic heating in demanding environments.

“Together, we can continue to further invest in our people and technology, enhance our digital and thermostatic mixing solutions, expand our boiler control offerings, and deliver even more integrated solutions to our customers,” said David Brakenwagen, president of Leonard Valve.