Pentair (PNR) Wraps Up Acquisition of Ken's Beverage for $80M

PNR - Free Report) recently completed the acquisition of the assets of Ken's Beverage, Inc. (KBI) for cash payment of around $80 million. Notably, this buyout will help expand Pentair's products and service offerings for commercial customers. The deal further strengthens the company's position as a leading provider of residential and commercial water treatment solutions, focused on delivering smart and sustainable solutions.