On the Record · Pentair
Pentair acquisitions, on the record
The businesses Pentair bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Welbilt's Manitowoc Ice business (Manitowoc Ice)Word for word“In July 2022, as part of our Water Solutions reporting segment, we acquired the issued and outstanding equity securities of certain subsidiaries of Welbilt, Inc. (“Welbilt”) and certain other assets, rights, and properties, and assumed certain liabilities, comprising Welbilt’s Manitowoc Ice business (“Manitowoc Ice”), for approximately $1.6 billion in cash.” 10-K for 2023 | acquisition | July 2022 | approximately $1.6 billion in cash |
Ken's Beverage, Inc.Word for word“The 28.2 percent increase in net sales for Water Solutions in 2022 from 2021 was primarily the result of: • increased sales due to the acquisitions of Manitowoc Ice and Ken’s Beverage, Inc. completed in the third quarter of 2022 and the second quarter of 2021, respectively; • increased selling prices to mitigate impacts of inflation; and • increased sales volume in our commercial business in 2022 compared to the prior year.” 10-K for 2023 | acquisition | second quarter of 2021 | — |
Pleatco Holdings, LLCWord for word“The 3.9 percent increase in net sales for Pool in 2022 from 2021 was primarily the result of: • increased selling prices to mitigate impacts of inflation; and • increased sales due to the acquisition of Pleatco Holdings, LLC completed in the fourth quarter of 2021.” 10-K for 2023 | acquisition | fourth quarter of 2021 | — |
G & F Manufacturing, LLCWord for word“On December 2, 2024, as part of our Pool reportable segment, we completed the acquisition of G & F Manufacturing, LLC (“G & F Manufacturing”) for $116.0 million in cash, net of cash acquired and subject to customary adjustments.” 10-K for 2024 | acquisition | On December 2, 2024 | $116.0 million in cash, net of cash acquired and subject to customary adjustments |
Hydra-Stop, LLCWord for word“On September 17, 2025, as part of our Flow reportable segment, we completed the acquisition of Hydra-Stop, LLC (“Hydra-Stop”) for $292.1 million in cash, net of cash acquired, and subject to customary adjustments.” 10-K for 2025 | acquisition | On September 17, 2025 | $292.1 million in cash, net of cash acquired |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $25 million | $0 | $20.8 million |
| 2017-12-31 | $45.9 million | $0 | $27.3 million |
| 2018-12-31 | $900,000 | $919.4 million | — |
| 2019-12-31 | $287.8 million | $0 | $201.8 million |
| 2020-12-31 | $58 million | — | $51.9 million |
| 2021-12-31 | $338.5 million | — | $166.5 million |
| 2022-12-31 | $1.58 billion | — | $790.5 million |
| 2023-12-31 | $600,000 | — | — |
| 2024-12-31 | $108 million | — | $56.6 million |
| 2025-12-31 | $292.1 million | — | $169.2 million |
Deal filings since 2016
- 2022-03-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-04-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-04-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-05-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-04-28 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-09-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Pentair’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.