- 20 March 2007 -

Pentair acquires Porous Media

Pentair, Inc has entered into a definitive agreement to acquire Porous Media, a privately held US company with manufacturing operations in both Minnesota and Texas for a purchase price of approximately US$225 million.

Porous Media manufacturers filter media, membranes and related filtration products and purification systems for liquids, gases and solids for the general industrial, petrochemical, refining and healthcare market segments. Pentair says that this acquisition accelerates the company's water strategy by strengthening its filtration and separation technology portfolio and extending its reach into attractive new markets.

"Porous Media is a compelling strategic fit with our existing water business," said Randall J. Hogan, chairman and CEO. "[...]For example, we believe Porous Media's oil separation technologies, developed for the petrochemical market, will effectively address unmet needs for our existing wastewater reuse and recovery customers globally," he said.

www.pentair.com