Pentair, a water treatment company, has completed the acquisition of Aquion for $160m in cash, subject to customary post-closing adjustments.
Headquartered outside Chicago, with approximately 170 employees, Aquion offers a diverse line of water conditioners, water filters, drinking-water purifiers, ozone and ultraviolet disinfection systems, reverse osmosis systems and acid neutralizers for the residential and commercial water treatment industry.
John Stauch, president and CEO of Pentair, said: “The addition of Aquion and its affiliated dealer network, offering complete systems and solutions, highly complements Pentair’s value chain in residential water offerings.
“Through this acquisition, we are looking forward to providing consumers with more choices to meet their water needs.”
Pentair provides a range of sustainable water solutions to homes, business and industry around the world.
