Pentair to acquire Hydra-Stop for $290m.

Pentair, a global water company, agreed to acquire Hydra-Stop, a valve solutions company, for $290m. “This strategic acquisition will help accelerate our growth initiatives for our commercial and infrastructure business by supporting municipalities and their service providers in addressing critical water issues through differentiated solutions that help maintain the flow of water in essential applications while preventing water loss,” De’Mon Wiggins, Pentair Executive Vice President.