Divestiture/carve-outOct 27, 2026Pending
🇨🇳 China
AOA. O. Smith (China) Investment Co., Ltd.CCPE
Industrials › Building Products & Construction
Enterprise value$400MEnterprise value
AnnouncedOct 27, 2026
ConsiderationUndisclosed
StructureOther
RegionAsia-Pacific
Cross-borderUnknown
Contingent paymentNo
Overview
CPE agreed to acquire an 81% interest in A. O. Smith (China) Investment Co., Ltd., the holding company for A. O. Smith's China business, for approximately $400 million on a cash-free, debt-free basis, with A. O. Smith retaining a 19% interest and a long-term brand license.
Deal rationale
A. O. Smith's board concluded that the strategic transaction with CPE is the best path forward, enabling the company to sharpen its portfolio focus while retaining the opportunity to participate in future value creation in China.
AI-generated from the SEC filingPendingIndustrials › Building Products & ConstructionChinaAsia-Pacific
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $400M | Headline figure |
| Consideration | Undisclosed |
Advisors
Buy-side
None listed
Sell-side
GSGoldman Sachs
Parties
Target
AOA. O. Smith (China) Investment Co., Ltd.
- Headquarters
- China
- Ticker
- —
Acquirer
CCPE
- Headquarters
- —
- Ticker
- —
Seller
AOA. O. Smith Corporation
- Headquarters
- —
- Ticker
- —