Pentair to acquire Pleatco for $255M

Pentair plc announced a definitive agreement to acquire Pleatco, a manufacturer of water filtration and clean air technologies for pool, spa and industrial air customers, for approximately $255 million in cash. Pleatco is expected to generate about $95 million in annual revenue in 2021.

“Total consideration for the transaction is approximately $255 million in cash”investors.pentair.com

• 3 sources
• investors.pentair.comPentair Announces Definitive Agreement to Acquire Pleatco | 09.15.2021Sep 15, 2021
• businesswire.comPentair Announces Definitive Agreement to Acquire PleatcoJim LucasSep 15, 2021
• businesswire.comPentair Completes Transaction to Acquire PleatcoJim LucasOct 18, 2021

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