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Watts Water Technologies completes acquisition of tekmar Control Systems

Date Closed

January 31, 2012

Lead Office

Vancouver

On January 31, 2012, Watts Water Technologies, Inc. announced that it completed the acquisition of tekmar Control Systems in a share purchase transaction. 

Watts Water Technologies, headquartered in North Andover, Massachusetts, is manufacturer of innovative products to control the efficiency, safety, and quality of water within residential, commercial, and institutional applications. 

tekmar Control Systems, headquartered in Vernon, British Columbia, is a designer and manufacturer of energy saving control solutions for a heating, ventilating, and air-conditioning applications, including a wide range of hydronic (water based) systems.

McCarthy Tétrault LLP represented Watts Water Technologies, as acquiror, with a team led by Ted Koffman, and including TJ Kang, Troy Lehman, Brian O'Neill, and Kaaren Vlug.

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