Pentair Acquires Hydra-Stop for About $290 Million

Pentair Completes Acquisition of Taco Group Holdings

July 31, 2026

Manufacturing

Pentair acquired Taco Group Holdings for approximately $1.4 billion, adding its hydronic and water-based products to Pentair’s water-solutions portfolio. The acquisition was completed on October 1, 2026, and is intended to strengthen Pentair’s position in high-growth commercial and mission-critical markets, including HVAC and data centers.

SLB Acquires HydraWell

November 20, 2024

IT Services

Norvestor, via Hydrawell Holding AS, has divested Hydrawell Intervention AS and its subsidiaries (HydraWell) to SLB. HydraWell is a Norway-headquartered technology provider focused on plug-and-abandonment (P&A) and well integrity remediation for the energy industry.

Pentair Acquires Manitowoc Ice from Welbilt for $1.6 Billion

July 28, 2022

Manufacturing

Pentair plc has completed its acquisition of Manitowoc Ice from Welbilt, Inc. for $1.6 billion, subject to customary adjustments. The purchase brings Manitowoc Ice's ~800 employees, ~1 million installed units and broad commercial ice machine product line into Pentair to expand its commercial water solutions for foodservice and hospitality customers.

Finning Acquires Hydraquip Hose & Hydraulics (UK) for ~£65M

March 22, 2022

Industrial Services

Finning International Inc. has acquired Hydraquip Hose & Hydraulics Ltd. and Hoses Direct Ltd. (together, Hydraquip), the UK’s second-largest hydraulic hose replacement and repair company, for approximately £65 million. The acquisition expands Finning's product support and mobile-service capabilities across multiple end markets and is expected to be immediately accretive to its UK & Ireland operations.

Pentair Acquires Pleatco Filtration

September 15, 2021

Manufacturing

Pentair plc entered into and then completed a definitive agreement to acquire Pleatco Filtration, a manufacturer of aftermarket water filtration and clean air technologies, for approximately $255 million in cash. The acquisition expands Pentair’s replacement filter product offerings across its pool/spa distribution channels and strengthens its industrial air filtration portfolio.

Pentair Acquires Assets of Ken's Beverage, Inc.

April 20, 2021

Industrial Services

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.