Pentair Acquires $20 Million Company

Pentair logoThis month Pentair Water Pool and Spa announced its acquisition of Sibrape Indústria E Comércio de Artigos Para lazer Ltda. and its subsidiary Hidrovachek Ltda.

“This acquisition strengthens our position in Latin America, one of our key fast growth markets,” said Pentair Aquatic Systems President Karl Frykman. “Sibrape is a 25-year-old company with very strong brand equity in the Brazilian market. With our innovation leadership in the industry and Sibrape’s critical dealer relationships, we are truly poised to accelerate product sales and growth throughout the region.”

Sibrape is a $20 million company and located in Sao Paulo, Brazil. It employs approximately 125 people and is a market leader in pool liner sales throughout country. Sibrape will continue to operate under its own brand name, but will be positioned within Pentair’s Aquatic Systems platform.

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