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 – has announced that it has entered into a definitive agreement to acquire Josam Company, a leading provider and manufacturer of drainage and plumbing products for over 100 years.

Latham & Watkins LLP represents Watts in the transaction with a corporate deal team led by Chicago partner Owen Alexander and Boston partner Stephen Ranere, with associates Alice Bradshaw, Jack DeMeulenaere, and Cyrie Wilson. Advice was also provided on real estate matters by Chicago partner Robert Buday, with associate Karen Ritter; on tax matters by Washington, D.C. partner Nicholas DeNovio, with associates Abigail Friedman and Emmanuel Kassim; on environmental matters by Washington, D.C. partner James Barrett, with associate Brittany Curcuru; on benefits and compensation matters by Washington, D.C. partner Matthew Conway, with associates Ashlie Lawton and Bryce Williamson; on labor and employment matters by Chicago partner Nineveh Alkhas, with associate Jocelyn Wexler; on intellectual property and data privacy matters by Washington, D.C. partner Morgan Brubaker, with associate Lyle Stewart; on insurance matters by Los Angeles partner Drew Levin, with associates Harrison White and Gabby Tavarez; on anticorruption matters by Washington, D.C. partner Kevin Chambers; on export control matters by Washington, D.C. counsel Ruchi Gill, with associate C.J. Rydberg; on government contracts matters by Washington, D.C. partners Dean Baxtresser and Kyle Jefcoat; and on finance matters by New York partner Nicole Fanjul, with associates Tulika Sinha and Amishi Magdani.