Pentair Completes Acquisition of Everpure

05.01.2004

Pentair announced that it has completed the acquisition of water filtration products manufacturer, Everpure, from United States Filter Corporation, a unit of Veolia Environnement.

Pentair, which financed the acquisition through available lines of credit, expects the acquisition to be modestly accretive to its earnings in the first full year of ownership.

Everpure, Inc. (Northbrook, Illinois) is a leading global provider of water filtration products and services for the commercial and consumer sectors. Everpure products include a wide array of filtration systems and cartridges for various applications. The company expects net sales in 2003 to exceed $60.0 million.

Pentair, Inc. (NYSE: PNR) is a Minnesota-based manufacturer whose core businesses compete in water technology, enclosure and tool markets. The company employs approximately 12,000 people in more than 53 locations around the world.

Source: Pentair plc.

More articles on this topic

Xylem Announces CFO Retirement, Appoints Sandra Rowland

22.07.2020 -

Xylem recently announced it has appointed Sandra Rowland as Senior Vice President and Chief Financial Officer (CFO), effective October 1, 2020, reporting to Xylem President and Chief Executive Officer Patrick Decker. Rowland will succeed Mark Rajkowski, who will retire from the Company at the end of the year, allowing for an orderly and smooth transition.

Read more
Directly to the product selection in

PumpSelector

LATEST NEWS

  • Events

    « December 2020 » loading...
    M T W T F S S
    30
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10
    11
    12
    13
    14
    15
    16
    17
    18
    19
    20
    21
    22
    23
    24
    25
    26
    27
    28
    29
    30
    31
    1
    2
    3
  • JOB MARKET