WTS - Watts Water Technologies Acquires Bradley Expects EBITDA Margin Accretion By 2027 | Benzinga
Watts Water Technologies Inc (NYSE: WTS) penned a deal to acquire Bradley Corporation for $303 million.
The transaction value comes to around $268 million after adjusting for the estimated net present value of expected tax benefits of about $35 million.
Bradley is a provider and manufacturer of commercial washroom and emergency safety products across commercial (primarily institutional) and industrial end markets.
The transaction is expected to close in Q4 FY23, ...