Watts Industries buys Premier Manufactured Systems

Watts Industries Inc. has announced the acquisition of Premier Manufactured Systems Inc., located in Phoenix, Arizona. Premier manufactures water filtration systems for both residential and commercial applications. Its leading line of products consists of reverse osmosis filtration systems employing membrane technology. It also manufactures other filtration products including under-the-counter Ultraviolet filtration technology as well as a variety of Sediment and Carbon filters. Timothy P. Horne, Watts Industries Chairman and CEO, said, “This is our first entry into the water filtration market, which we feel is a natural extension to our water quality theme, including our leading line of backflow prevention valves to protect the potable water system from the hazards of downstream contamination. We believe that the water filtration industry is many billons of dollars in size and highly fragmented with many small water filter manufacturers. We believe that Premier is the market leader in selling reverse osmosis filtration systems through retail such as Costco and Lowe’s, and their market presence offers Watts Industries the opportunity to further expand its business into the DIY sector as well as utilising the Premier product line for inclusion with other Watts products through Wholesaler Distribution.”

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