Pentair Acquires Aquion

Minneapolis-based Pentair plc, which already owns Everpure and Culligan, has acquired Roselle, Ill.-based Aquion Inc. for $160 million in cash. Aquion was majority owned by investment company Mason Wells. John Stauch, Pentair CEO, said Aquion’s strong network of dealers calling on the residential market was a key factor in the strategy behind the acquisition. But…