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Home » Watts Water Technologies sells ‘non-core’ lines to Sioux Chief for $35.5 million

Watts Water Technologies sells ‘non-core’ lines to Sioux Chief for $35.5 million

July 30, 2015
Sessions will provide CEUs that can be applied for CPD, PE, and other regulatory agency continuing education requirements.

Watts Water Technologies, Inc. announced second quarter sales of $386.9 million, a decrease of 2.3%, as compared to the same period last year.

The company also announced the signing of a definitive agreement with Sioux Chief Mfg. Co. to sell certain assets related to Watts’ brass fittings, brass & tubular and vinyl tubing product lines. The selling price approximates $35.5 million and the transaction is expected to close by the end of the third quarter.

More details here.

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