Pentair Announces Agreement to Acquire Vaki Aquaculture Systems - Vaki
Index: 0

Pentair Announces Agreement to Acquire Vaki Aquaculture Systems

26.10.2016

Pentair Aquatic Eco-Systems, Inc. announced today that it has entered into an agreement with Vaki Aquaculture Systems Ltd., whereby Pentair will acquire Vaki, a leading aquaculture equipment manufacturer based in Kópavogur, Iceland. The transaction is anticipated to be completed in late 2016 and is subject to customary closing conditions. The addition of Vaki is expected to strengthen Pentair Aquatic Eco-Systems’ business by broadening its range of systems, products and services in the growing aquaculture market space.

Vaki is focused on the design and manufacture of fish handling, counting and grading solutions for a variety of aquaculture applications. Vaki also develops and offers cutting-edge technology for biomass estimation in aquaculture systems; providing users with accurate information to maximize operational efficiencies, facilitate resource planning and optimize decision-making. Vaki products have widespread global adoption, with utilization in more than 50 countries.

“As the aquaculture industry continues to experience rapid growth, the addition of Vaki Aquaculture Systems complements our ability to meet the increasing market demand for advanced solutions, technology and equipment. Vaki also helps to strengthen our position as a comprehensive single source provider.” said Karl Frykman, President of Pentair Water Quality Systems.

 

ABOUT PENTAIR WATER QUALITY SYSTEMS

Pentair Water Quality Systems is a leader in water solutions which improve the quality of life for people around the world.  Its equipment and solutions are found in swimming pools and spas, aquaculture farms, laboratories, water purification and sanitation systems, foodservice operations, and in other applications. We offer design and consulting services and our advanced water technologies are used across a wide number of industries including industrial, residential, commercial, municipal, aquaponics, aquatic life support systems, irrigation and flood control, wastewater, and more.

Pentair Aquatic Eco-Systems, Inc. is the largest source of aquatic products and systems worldwide. PAES offers solutions and expertise to improve growing conditions in any environment from recirculating aquaculture systems to improving water conditions in pens. As pioneers in the industry, we provide the best possible solutions for aquaculture facilities, from hatcheries to grow-out and everything in between.

ABOUT PENTAIR PLC

Pentair plc (www.pentair.com) delivers industry-leading products, services and solutions for its customers’ diverse needs in water and other fluids, thermal management and equipment protection. With 2015 revenues of $6.4 billion, Pentair employs approximately 28,000 people worldwide.

News Archives