Watts Water Technologies completes acquisition of rainwater harvesting company

Sponsored by

NORTH ANDOVER, MA, April 16, 2010 -- Watts Water Technologies Inc. announced today that it completed the acquisition of Blue Ridge Atlantic Enterprises (BRAE) in a share purchase transaction.

BRAE is a leading provider of engineered rainwater harvesting solutions and addresses the commercial, industrial and residential markets. BRAE's rainwater harvesting systems are an integral part of the Green movement to conserve water and can contribute up to 30% of LEED points available for Green buildings.

The acquisition of BRAE is a positive addition to the Watts Drainage platform as it expands our product offering and provides Watts with a source of expert knowledge for national and local codes. BRAE has annual revenues of approximately $2 Million.

Watts Water Technologies Inc. is a world leader in the manufacture of innovative products to control the efficiency, safety, and quality of water within residential, commercial, and institutional applications. Its expertise in a wide variety of water technologies enables it to be a comprehensive supplier to the water industry.

###

Sponsored by

TODAY'S HEADLINES

Underground Solutions acquires Process Solutions in $45M financing transaction

Underground Solutions recently announced that it successfully closed a $45-million financing transaction with Riverwood Capital of Menlo Park, Calif., with a portion of the transaction proceeds was used to acquire Process Solutions.

IL Governor signs Clean Water Initiative into law

IL Governor Patrick Quinn signed into law the Clean Water Initiative that will provide much-needed financial support for communities to improve their stormwater, wastewater and drinking water infrastructure, while also helping prepare for the impacts of climate change.

CA pumped storage hydroelectric project to provide state clean energy

GEI Consultants announced that client Eagle Crest Energy Company has received its license from the Federal Energy Regulatory Commission for its Eagle Mountain Hydroelectric Pumped Storage project in Southern California.

A Tank for All Seasons: Extreme Climate Proves Good Challenge for 35-Year-Old Storage Tank at WV Resort

A WV ski resort water plant's oldest potable water tank, an Aquastore tank provided by Mid Atlantic Storage Systems capable of storage for 500,000 gallons, recently celebrated 35 years in service without significant maintenance.

FOLLOW US ON SOCIAL MEDIA