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Premier H2O, headquartered in Peoria, Arizona, whose goal has been to design, develop and market high quality water filtration systems since its inception in 1989. Watts Water Technologies Ltd. acquired it in 2001 and has since expanded its audience globally. Premier H2O is just one of the many brands of Watts in the United States. History of Watts Water Technologies, Inc. The company was founded in 1874 by Joseph Watt in the name of Watt Supervisory. The company was originally a small machinery factory that supplied parts for the New England textile mill, including the manufacture of pressure relief valves and safety valves to ensure safe operation of water heaters and boilers. Their family of companies offers one of the world's most diverse lines of plumbing, heating and water quality products. They offer a range of world-class water-related solutions.