Appleton’s Water-Right sold for $107M

Posted on Apr 9, 2019 :: Insight on Business, Web Exclusive.
Posted by of Insight Publications

A. O. Smith Corp. has purchased Water-Right Inc. of Appleton for $107 million.

Water-Right is a water quality solutions provider with a complete line of residential and commercial products and systems for a wide variety of applications, including solutions for problem well water. Its products are sold under the Evolve, WaterCare, Sanitizer Series, Impression Series and CustomCare product brands. Also included in the sale are Water-Right’s retail facility, its state certified lab, Clean Water Testing LLC and Water-Right’s sister company Mineral-Right Inc., which is based in Phillsburg, Kan.

Kurt Gruett, Guy Gruett and Greg Gruett will continue to lead the Water-Right businesses, while father and founder Glenn Gruett will continue to provide insight and business counsel.

Water-Right employs approximately 90 employees with annual sales of approximately $60 million. Its office in Appleton will remain open.

“We’re confident that A. O. Smith – with its global capabilities and manufacturing expertise – will be able to take Water-Right and its family of products to the next level, said Kurt Gruett, the company’s president.

Headquartered in Milwaukee, A. O. Smith is one of the world’s leading manufacturers of residential and commercial water heaters and boilers.