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Pentair to Acquire Taco Group Holdings

We are excited to share important news about the future of our company. We have entered into an agreement to be acquired by Pentair, marking the beginning of an exciting new chapter for our organization.  
 
The acquisition brings new opportunities to strengthen our business, expand our capabilities, and better serve you as our customer. By combining the strengths of both organizations, we expect to accelerate innovation, enhance our product offerings, and create new opportunities for growth in the markets we serve. While there will be changes over time as our organizations come together, our commitment to delivering quality products and maintaining strong customer relationships remains unchanged.  
 
We want to take this opportunity to thank you for your partnership and the role you have played in our success, and we value the relationship we have built together. We believe this partnership creates exciting opportunities for you as our customer, our suppliers and our employees. As part of the announcement, Pentair's President and CEO shared the following perspective on the acquisition:  
 
“We are excited to welcome Taco to Pentair,” said John L. Stauch, Pentair President and CEO. “Taco has built a strong legacy, deep expertise and trusted customer relationships. Just as important, we see a strong alignment in our values and purpose: creating exceptional customer experiences, supporting our teams and delivering smart, sustainable water solutions that help create a better world.”  
 
Our leadership shares that optimism about the future. Reflecting on what this partnership means for our company and those we serve, John Hazen White, Jr., Owner and Chairman of the Board of Taco, said the following:  
 
“This partnership with Pentair allows us to accelerate our growth, expand our capabilities, and further invest in our innovation and technology. It will also allow us to preserve our values, expertise, and customer relationships, which have made Taco successful.”  
 
While this partnership positions us for continued growth, one thing that will not change is our commitment to you. Our commitment is to ensure continuity for both our customers and partners. Your day-to-day contacts, sales processes, programs, and support resources will remain unchanged, and you can continue doing business with us exactly as you do today. Should any changes become necessary as part of the integration process, we will communicate them well in advance.  
 
We are confident that this partnership will position us for an even stronger future, allowing us to deliver greater value to you. We are excited about what lies ahead and look forward to working together as we embark on this new opportunity.  
 
Thank you for your continued support, your trust, and your commitment to our shared success.