Pentair Acquires Assets of Ken's Beverage, Inc.
April 20, 2021
Pentair plc has entered into a definitive agreement to acquire the assets of Ken's Beverage, Inc. for approximately $80 million in cash. The acquisition adds a national direct service network — including 30 branches and over 300 trained technicians — to Pentair's commercial water and beverage equipment capabilities and is expected to close in Q2 2021.
- Buyers
- Pentair plc
- Targets
- Ken's Beverage, Inc.
- Sellers
- Ken's Beverage, Inc.
- Industry
- Industrial Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
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