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Explain this story: Pentair stock completes USD 1.4 billion Taco acquisition
Pentair plc has finalized its $1.4 billion acquisition of Taco Group Holdings, integrating Taco into its Water Solutions segment to expand into hydronic and water-based solutions. This acquisition comes as Pentair faces a 17% drop in second-quarter revenue, primarily due to weak pool demand. Analysts currently maintain a "Hold" consensus on Pentair stock, with an average price target of $87.19.
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Pentair plc has finalized its $1.4 billion acquisition of Taco Group Holdings, integrating Taco into its Water Solutions segment to expand into hydronic and water-based solutions. This acquisition comes as Pentair faces a 17% drop in second-quarter revenue, primarily due to weak pool demand. Analysts currently maintain a "Hold" consensus on Pentair stock, with an average price target of $87.19.
Published Oct 5, 2026, 19:43 ET · on this site +1h 27m