Pentair Completes Acquisition of Taco Group Holdings

Pentair Acquires Hydra-Stop for About $290 Million

September 18, 2025

Manufacturing

Pentair plc entered into a definitive agreement to acquire Hydra-Stop LLC from Madison Industries for approximately $290 million in cash, subject to customary adjustments. The deal is expected to close by the end of 2025, with about $50 million of expected tax benefits reducing the net transaction value to roughly $240 million.

Pentair Acquires G&F Manufacturing (Gulfstream Heat Pumps)

December 3, 2024

HVAC & Mechanical

Pentair plc acquired Florida-based G&F Manufacturing, LLC (maker of Gulfstream pool heat pumps) for approximately $108 million in cash. The deal expands Pentair’s pool equipment offerings in Florida and the Southeast U.S., adding heat-pump capabilities that align with the company’s sustainability and regional product strategy.

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.

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.

Patrick Industries Acquires Taco Metals

November 30, 2020

Manufacturing

Patrick Industries, Inc. completed the acquisition of Taco Metals, LLC, a Miami-based manufacturer of marine products and accessories. Taco, a family-owned business for over 60 years, is projected to have approximately $40 million in 2020 revenue and will operate as a stand-alone brand within Patrick to expand its marine and aftermarket platform.