Pentair Expands Water Group with Esseff Acquisition
According to Pentair chairman, president, and chief executive officer, Winslow H. Buxton, with Essef sales in Pentair's Water and Fluid Technologies Group will grow to an estimated one billion dollars in 2000. Combined with Pentair's existing pump and valve companies, the Essef business expands the company's position in global water markets, making Pentair a leader in the residential and industrial water equipment business, he said.
Essef Corporation designs, manufactures, and distributes products used in moving, treating, and storing water, including pumps, storage tanks, and filtration systems for residential, commercial, municipal, and industrial customers. The company also is a manufacturer of pool and spa equipment used in residential and commercial pools, water parks, and commercial aquariums.
The addition of Essef's market-leading water storage tank products reinforces Pentair's number one position in water conditioning control valves. Essef's high-strength, lightweight tanks offer major safety and environmental advantages in water conditioning and treatment markets throughout the world. Similarly, Pentair's strong position in pumps and water systems for residential applications is enhanced with Essef's residential pressure tanks, which are key components of household well water systems.
Essef also gives Pentair a strong position in the swimming pool and spa equipment industry with product offerings for this market segment including a wide range of filters, pumps, heaters, controls, valves, lights, and accessories.
Pentair is a diversified manufacturer operating in three principal markets: professional tools and equipment, water and fluid technologies, and electrical and electronic enclosures.