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Watts Water Technologies (Australia) Pty Limited the Acquisition of Australian Valve Group (“AVG”)

2020-07-03 13:20:34

MELBOURNE, Australia – July 3, 2020 - Watts Water Technologies (Australia) Pty Limited (“Watts”) announced today that it has completed the acquisition of Australian Valve Group Pty Ltd (“AVG”) effective July 3, 2020, in an all cash transaction.

AVG has been designing, developing, and marketing a range of heating control valves in Australia for over 18 years. Headquartered in Perth, AVG has a team of experienced sales and support resources, with a nation-wide distribution network throughout Australia. The company has achieved strong growth and market acceptance with innovative, patented products like the Quickie Kit, Pressure Limiting Valves and MAXI e-stop.

Elie Melhem, President Asia-Pacific, the Middle East and Africa for Watts Water Technologies, Inc., commented, “Acquiring AVG will allow us to expand our product breadth and provide greater channel access to the strategically important Australian market.  We are excited to team with AVG to continue to supply our customers with superior products and solutions.”

Source: Watts Water Technologies (Australia) Pty Limited

Elie Melhem
President, Asia-Pacific, the Middle East and Africa
Watts Water Technologies, Inc.  

About Watts Water Technologies
Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world. Its subsidiaries and brands offer innovative plumbing, heating, and water quality solutions for commercial, residential and industrial applications. For more information, visit www.watts.com.