Pentair Completes Acquisition of Erico Global Company
Pentair announced that it completed acquisition of Erico Global Company.
Based in Solon, Ohio, Erico is a leading global manufacturer and marketer of superior engineered electrical and fastening products for electrical, mechanical and civil applications. Erico has 1,200 employees in 30 countries with recognized brands including Caddy fixing, fastening and support products; Erico electrical grounding, bonding and connectivity products; and Lenton engineered systems.
"Erico is a strategic and complementary acquisition for Pentair," said Randall J. Hogan, Pentair Chairman and CEO. "As a key growth platform within Pentair s Technical Solutions business, it expands our presence in both the commercial and infrastructure sectors with a broader and stronger offering for our customers."
Source: Pentair plc.