Zurn Elkay to acquire Intellihot, entering tankless water heater market with ~$37M deal

Filed July 20, 2026 · Period ending July 20, 2026 · ~1 min read

Key Changes

• high

  ZWS signed definitive agreement to acquire Intellihot, a tankless water heater solutions provider serving healthcare, education, hospitality, and commercial markets, with expected 2026 sales of ~$37M; close expected early Q3 2026.

  Item 8.01 — Other Events verify on EDGAR →
• high

  Acquisition represents ZWS's entry into water heating category, adjacent to existing water management portfolio, serving similar end customers through similar distribution channels; no purchase price disclosed.

  Exhibit 99.1 view on EDGAR →
• medium

  Management indicated Q2 results tracking ahead of previously provided outlook range; full results to be disclosed July 29, 2026 earnings call.

  Exhibit 99.1 view on EDGAR →