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Stock impact report

Bessemer Investors Announces Sale of Leonard Valve Company to A. O. Smith Corporation [Yahoo! Finance]

A.O. Smith Corporation (AOS) 
Last a.o. smith corporation earnings: 1/28 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.aosmith.com/investor-relations
Company Research Source: Yahoo! Finance
control solutions, and Bessemer Investors LLC ("Bessemer"), a New York-based investment firm, today announced that Bessemer has completed the sale of Leonard Valve to A. O. Smith Corporation ("A. O. Smith") (NYSE: AOS). A. O. Smith previously announced the signing of a definitive agreement to acquire Leonard Valve on November 12, 2025. Bessemer invested in Leonard Valve in 2019 alongside third-generation owner, Niles Wilcox. Since then, Bessemer has partnered with Mr. Wilcox and the Leonard Valve team to execute a succession plan, enhance the management team, and support organic growth, operational initiatives and strategic M&A. During Bessemer's ownership, Leonard Valve expanded its digital and thermostatic mixing portfolio and acquired Heat-Timer Corporation, a leading supplier of commercial heating controls and energy management systems, creating a broader platform in water and hydronic system management. Founded in 1911 and headquartered in Cranston, Rhode Island, Leonard Valv Show less Read more
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