- 26 July 2006 -

Pentair expands into China

Pentair has agreed to acquire 70% of the equity of Beijing Jieming Tiandi Environmental Equipment Co Ltd, a leading Chinese manufacturer of disc filters, valve and systems used in water filtration, softening, and systems applications. The transaction is subject to receipt of government approval and upon completion, the companies' joint venture will be named Beijing Pentair Water Jieming Company.

"Through this transaction, Pentair Water gains greater local market knowledge and engineering capabilities for commercial and industrial systems integration initiatives in China, and significantly expands its access to an effective distribution network of more than 150 engineering product companies," said Richard Cathcart, Pentair vice chairman.

"Further, we will secure new products including disk filtration systems and low-cost mechanical valves and tanks tailored to the systems integration segment and to China's local market needs."

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