Taco Group Holdings acquired by London-based company for $1.4B

CRANSTON – Taco Group Holdings, a manufacturer of hydronic HVAC components founded in 1920, has been acquired by London-based Pentair PLC for $1.4 billion.   Pentair, a global water-treatment company, expects to finance the acquisition with a combination of cash on hand and bridge financing, which it intends to refinance through a permanent debt issuance. Upon completion

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