Pentair and ACCO Brands Finalize Strategic Acquisitions in Water and Tech
Key Facts
Pentair plc finalized its $1.4 billion acquisition of Taco Group Holdings on October 1, 2026, to expand its Water Solutions segment. According to Pentair, the deal expands the water technology company into hydronic and water-based solutions, with Taco continuing to operate under its own brand. Simultaneously, ACCO Brands completed its acquisition of Trust to strengthen its technology peripherals portfolio in Europe, AD HOC NEWS reported.
PNR closed at $53.03 on October 2, 2026, with the company carrying a market capitalization of $8.4 billion as of October 5, 2026. These acquisitions occur as Pentair manages revenue pressure, with second-quarter 2026 reports showing a 42% drop in pool sales while flow sales rose 5%. The company expects the combined portfolios to create cross-selling opportunities and additional revenue streams to offset underlying demand weakness in specific channels.