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Watts Water Technologies, Inc. Acquires I-CON Systems

Summary by Financial Post
NORTH ANDOVER, Mass. -- Watts Water Technologies, Inc., (NYSE: WTS) (“Watts”) – through its subsidiaries, one of the world’s leading manufacturers and providers of plumbing, heating and water quality products and solutions – today announced that it has acquired I-CON Systems Inc. (“I-CON”), a leading provider of plumbing control solutions primarily for the corrections market. I-CON’s annualized sales are approximately $25 million. The acquisiti…
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