Pentair Acquires Krystil Klear
Pentair announced that it has acquired the assets of Krystil Klear, a privately held company, to complement existing businesses in its Water Group.
Krystil Klear expands Pentair's industrial filtration product offering to include a broad range of steel and stainless steel housing and filtration solutions. Pentair's filtration business serves the residential, municipal, commercial, and industrial markets with filtration housings, cartridge elements, tanks, valves, and other filtration system components.
"The bolt-on acquisition of Krystil Klear enhances our presence in the industrial liquid filtration markets, increases our product portfolio and expands our industrial distribution footprint," said Michael V. Schrock, president and chief operating officer of Filtration and Technical Products. "With this acquisition, we further strengthen Pentair's filtration position in a broad array of industrial end markets; including paper, food, chemical and pharmaceutical. Pentair's existing filtration cartridges, coupled with Krystil Klear's strength in steel and stainless steel industrial housings, provides an expanded line of liquid filtration products for our customers."
Krystil Klear is headquartered in Winamac, Indiana and employs approximately 60 people. In 2005, the company recorded sales of approximately $8 million.
Source: Pentair plc.