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FE&SFlashNews2005-12-12 — News

December 12, 2005

Watts Water to Acquire Dormont

Watts Water Technologies Inc. has signed an agreement worth $94.5 million to acquire Dormont Manufacturing Co. The deal is expected to close by Dec. 31.

“Dormont provides us access to several new channels of distribution while allowing us to offer a broader product line to our existing professional contractor customer base,” said Patrick O’Keefe, Watts Water Technologies' CEO.

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