Pentair Acquires Taco Group for $1.4 Billion, Reaffirms Outlook

Pentair has announced the acquisition of Taco Group in a $1.4 billion deal, aiming to expand its data center business. The company anticipates a $0.10-$0.15 EPS accretion by 2027 from the acquisition, while reaffirming its 2026 EPS outlook of $4.60-$4.80.