Company: MWA
Filing Date: 2025-11-19
Form Type: 10-K
Source: 0001350593-25-000066
Chunk: 282

Company: Mueller Water Products, Inc.
Filing Date: 2025-11-19
Form: 10-K
Item: Item 1A
Chunk 282
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 acquisitions in the future and completed acquisitions may not be successful.

Acquisitions and technology investments may involve significant cash expenditures, the incurrence of debt, operating losses and expenses that could have a materially adverse effect on our business, financial condition, results of operations and cash flows.  These types of transactions involve numerous other risks, including but not limited to:

•Diversion of management time and attention from existing operations,

•Difficulties in integrating acquired businesses, technologies and personnel into our business or into our compliance and control programs, particularly those that include international operations,

•Working with partners or other ownership structures with shared decision-making authority (our interests and other ownership interests may be inconsistent),

•Difficulties in obtaining and verifying relevant information regarding a business or technology prior to the consummation of a transaction, including the identification and assessment of liabilities, claims or other circumstances, including those relating to intellectual property claims, which could result in litigation or regulatory exposure,

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•Assumption of liabilities that exceed our estimated amounts,

•Verification of financial statements and other business information of an acquired business,

•Inability to obtain required regulatory approvals and/or required financing on favorable terms,

•Potential loss of key employees, contractual relationships or customers of the acquired business,

•Increased operating expenses related to the acquired businesses or technologies,

•The failure of new technologies, products or services to gain market acceptance with acceptable profit margins,

•Entering new markets in which we have little or no experience or in which competitors may have stronger market positions,

•Dilution of stockholder value through the issuance of equity securities or equity-linked securities, and

•Inability to achieve expected synergies or the achievement of such synergies taking longer than expected to realize, including increases in sales, enhanced efficiencies or increased market share, or the benefits ultimately may be smaller than we expected.

Any acquisitions or investments may ultimately harm our business or financial condition, as they may not be successful and may ultimately have an adverse effect on our operating results, financial condition and/or result in impairment charges.

Potential international business opportunities may expose us to additional risks, including foreign currency exchange rate fluctuations.

Part of our growth strategy depends on expanding internationally.  Although sales outside of the United States account for a relatively small percentage of our total net sales, we have business activity in Canada, China, Israel and the United Kingdom.  Some countries that present potential business opportunities also face political and economic instability and vulnerability to infrastructure and other disruptions.  Seeking to expand our business internationally exposes us