Pentair plc has entered into a definitive agreement to acquire the assets of Ken’s Beverage Inc (KBI), a provider of beverage equipment and service, including water filtration systems, for restaurants, convenience stores and foodservice companies.
KBI has 30 branches across the US and more than 300 trained technicians.
The acquisition will expand Pentair’s national commercial direct service network.
“The planned addition of KBI advances our strategy to provide a full suite of services for commercial customers, and supports Pentair’s vision to be a leading residential and commercial water treatment company,” said Mario D’Ovidio, executive vice president and president, Pentair Consumer Solutions. “KBI brings a valuable national direct service network to the portfolio, allowing Pentair to seamlessly manage the full customer experience, including product development, sales, installation, and service to ensure the best quality products are matched with the most reliable and dedicated service network for all commercial applications.”