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Pentair to Acquire Taco Group for $1.4 Billion

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Pentair (PNR) said Tuesday that it has signed a definitive agreement to acquire Taco Group for approximately $1.4 billion.

Taco Group is a manufacturer of hydronic heating, plumbing, industrial pumping and water-based HVAC equipment.

Pentair said Taco is expected to generate approximately $540 million in revenue in fiscal year 2026, and that the deal is expected to be approximately $0.10 to $0.15 accretive to adjusted earnings per diluted share in fiscal year 2027.

The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions and regulatory approvals.

Shares of Pentair were down 6% pre-bell.

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