MDM looks at another round of earnings reports from industrial distributors and manufacturers.
Latest In Pentair
The water treatment company attributed the year-to-year growth to the performance of its two business segments.
MDM looks at third-quarter 2022 earnings reports from Graybar, 3M, Pentair, SKF, Kimberly-Clark and Simpson Manufacturing.
The London-based water treatment and sustainability provider finalized a deal to acquire Manitowoc Ice from Welbilt, Inc.
The water treatment and sustainability provider says its 2022 first-quarter sales were up 15% compared to the same period last year.
M&A activity in the distribution and manufacturing sectors has somewhat slowed since spiking in the fourth quarter of 2021. But while the deals may be fewer in number, multiple companies still reached billion-dollar agreements as 2022’s initial quarter wrapped up.
The London-based water treatment and sustainability provider says it reached a deal to acquire the provider of commercial icemakers.
The water treatment and sustainability provider says it will pay a regular quarterly cash dividend of $0.21 per share in May.
3Q report for London-based water treatment and sustainability provider shows sales of $969 million, up 21% from last year.
Water treatment and sustainability provider completes acquisition of pool filtration manufacturer.
Industrial and flow technologies sales at Pentair were up 17% compared to sales for the same period last year.
Sales for the manufacturer decreased 1.7% during the first six months.
The company announced its separation from Pentair in May 2018.
The acquisitions will expand Pentairs residential water offerings, company says.
Manufacturer completes spin-off of electrical business.
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