Watts Water Technologies, Inc. (Watts) is a supplier of products for use in the water quality, water safety, water flow control and water conservation markets in both North America and Europe with a presence in Asia. The Company operates in three geographic segments: North America, Europe and Asia. The Company has manufacturing facilities, such as Mexico, China, Bulgaria and Tunisia. Its products are sold to wholesale distributors and dealers, do-it-yourself (DIY) chains and original equipment manufacturers (OEMs). These product lines are residential and commercial flow control products, heating, ventilation and air conditioning (HVAC) and gas products, drains and water re-use products and water quality products. On April 29, 2011, the Company completed the acquisition of Danfoss Socla S.A.S. (Socla). On January 31, 2012, it completed the acquisition of tekmar Control Systems (tekmar).