Pentair to acquire Ken's Beverage for $80M

Pentair plc entered a definitive agreement to acquire the assets of Ken's Beverage, Inc., a provider of beverage equipment and service, for approximately $80 million in cash. The deal is expected to close in Q2 2021.

“The planned addition of KBI advances our strategy to provide a full suite of services for commercial customers”businesswire.com

• 3 sources
• businesswire.comPentair Announces Definitive Agreement to Acquire Assets of Ken’s Beverage, Inc.Jim LucasApr 20, 2021
• vendingmarketwatch.comPentair to acquire Ken’s Beverage for $80 million in cash | Vending Market WatchApr 22, 2021
• businesswire.comPentair Completes Transaction to Acquire Assets of Ken’s Beverage, Inc.Jim LucasMay 19, 2021

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