Pentair to acquire Aquion and Pelican Water Systems for $280M

Pentair has agreed to acquire Aquion for $160 million and Pelican Water Systems for $120 million, both US water treatment equipment companies. The acquisitions will expand Pentair's residential and commercial water treatment business.

“This planned acquisition is a significant component of our strategy to be closer to the residential consumer by allowing us to offer turnkey water conditioning solutions through Aquion’s network of affiliated dealers.”filtsep.com

• 3 sources
• filtsep.comPentair to acquire Aquion and Pelican Water Systems - Filtration and SeparationNewsJan 9, 2019
• pmmag.comPentair acquires Pelican Water Systems, Aquion | 2019-02-14 | Plumbing & MechanicalBy: Kristen R. BaylesFeb 14, 2019
• wcponline.comPentair buying spree reported – WC&P OnlinekolearyFeb 15, 2019

Summarized from public sources; check the original articles before acting on it.