Watts Water Technologies Completes Acquisition of Saudi Cast

Reuters12-01

Watts Water Technologies Completes Acquisition of Saudi Cast

Watts Water Technologies, through its subsidiaries, has completed the acquisition of the Industrial Company for Castings and Sanitary Fittings ("Saudi Cast"), a manufacturer of cast iron and stainless steel drainage solutions based in Riyadh, Saudi Arabia. Saudi Cast, which has annualized sales of approximately $20 million, serves the non-residential and industrial markets and will be included in Watts' Asia-Pacific, Middle East and Africa region. The acquisition was funded with cash on hand. Watts' CEO Robert J. Pagano Jr. stated that the move expands the company's presence in Saudi Arabia and the Middle East and supports its vision of providing innovative, reliable, and sustainable water solutions globally.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Watts Water Technologies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251201047583) on December 01, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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