Pentair (NYSE:PNR), a global leader in fluid solutions and technical products, announced today that it has completed the sale of its portfolio of turf irrigation, utility meter, roadway valve and curb service boxes to Highline Products, Inc. This sale is part of Pentair’s strategy to focus on fast growth, global opportunities that serve its core markets.
“The sale of our access box business will allow us to focus on future investments in our core water platforms,” said Gary Witt, President of Pentair’s Flow Technologies global business unit. “We are committed to continued investments in innovative, industry-leading solutions that solve our customers’ fluid problems.”
Highline Products will market the portfolio under their Highline brand, while Pentair will retain ownership of their PENTEK® brand. PENTEK is the leading electronics brand of Pentair, with a full line of motors, controls and drives for clean and dirty water pumps. For more information on Pentair, visit www.pentair.com. For more information on Highline Products, visit www.highlineproducts.com.
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