A.O. Smith agrees to sell 81% stake in China business to CPE

• CPE will acquire 81% of A.O. Smith's China business under definitive agreements, leaving the seller with a 19% stake.
• The transaction values the business at approximately $400 million on a cash-free, debt-free basis.
• Total value is expected to exceed $500 million, including the net present value of royalties under a long-term brand license.
• The transaction structure will also enable the seller to repatriate approximately $80 million in cash held in China.
• Closing is expected in the first half of 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. A.O. Smith Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610272055PR_NEWS_USPR_____CG82922) on October 28, 2026, and is solely responsible for the information contained therein.