M&A - PENTAIR plc

Form Type: 10-K

Filing Date: 2025-02-25

Corporate Action: Acquisition

Type: New

Accession Number: 000007736025000006

Filing Summary: Pentair plc reported for the fiscal year ended December 31, 2024, a significant acquisition in the Pool segment by acquiring G & F Manufacturing, LLC for $116.0 million in cash. This acquisition is expected to enhance Pentair's product offerings in pool heat pumps and aligns with their strategy to focus on growth in core businesses and drive margin expansion. The company stated its vision to be the world’s most valued sustainable water solutions company, emphasizing digital innovation, sustainability investments, and operational efficiencies. Additionally, the document details the company's performance, market risks, and the effectiveness of internal controls, complying with the Sarbanes-Oxley Act. The overall strategy includes delivering shareholder value while adhering to sustainable practices in the water solutions sector.

Document Link: View Document