Pentair’s clean process of integration
- From: Vol 12, Issue 8 (August 2011)
- Category: General
- Region: Americas
- Country: United States
- Related Companies: Norit and Pentair
The market initially applauded Pentair’s acquisition of Norit’s Clean Process Technologies division, but a downbeat Q3 forecast has caused the shares to tumble. The pressure is on to maximise the benefits of the acquisition.
Is Pentair’s acquisition of Norit’s Clean Process Technologies (CPT) group a game-changer for the Minneapolis-based industrial group? With a price tag of €500 million, it is an important question, especially as the shares fell steeply last month when the company published the first set of quarterly results following the acquisition.
Pentair’s chief operating officer Mike Schrock believes ...
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