Pentair to acquire Pleatco for $255m.

Pentair, an American water treatment company, agreed to acquire Pleatco, a designer and manufacturer of aftermarket pleated filter cartridges, pleated bags, and other filtration product, for $255m. “We are excited to expand our presence in the aftermarket filtration space with an enhanced product offering that advances our objective to offer an effortless pool experience for consumers,” John Stauch, Pentair President and CEO.