Key Takeaways AOS acquired Leonard Valve for $470M to strengthen water temperature control and mixing solutions.The deal expands A. O. Smith's digital capabilities across water heating and boiler control markets.Leonard Valve's products serve universities, hospitals, and industrial and commercial facilities.A. O. Smith Corporation (AOS) recently acquired LVC Holdco LLC (Leonard Valve) for $470 million. It’s worth noting that the transaction was worth about $412 million with an adjustment for tax benefits an ...