Watts Water Technologies to Acquire Josam - Modern Distribution Management

Log In

Watts Water Technologies to Acquire Josam

Manufacturer Watts Water Technologies is expected to acquire drainage and plumbing product manufacturer Josam Company in January 2024.
Watts Water Technologies HQ

Plumbing, heating and water quality product manufacturer Watts Water Technologies is expected to acquire drainage and plumbing product manufacturer Josam Company in January 2024.

Josam serves the commercial, industrial, and multi-family end markets and its annualized sales are approximately $35 million.

“Today’s acquisition is consistent with our established strategy and further positions Watts for growth,” Watts Water CEO Robert Pagano Jr. said in a Dec. 11 news release. “The addition of Josam’s innovative, specified products to our portfolio will allow us to offer our customers expanded capabilities and solutions. We expect that the company’s complementary sales networks and channel relationships will help drive growth and provide increased cross-selling opportunities.”

Terms were not disclosed for the transaction, which is expected to close in January. Additional information regarding the transaction will be discussed during the Watts fourth quarter earnings call in February.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.