---
schema_version: "secwatch.filing_event.v1"
accession: "0000077360-22-000008"
form_type: "8-K"
ticker: "PNR"
cik: "0000077360"
company_name: "PENTAIR plc"
filed_at: "2022-03-04T23:59:59+00:00"
generated_at: "2026-06-27T01:46:31.592953+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Pentair to acquire Manitowoc Ice from Welbilt for $1.6B; expects Q2 2022 close

## Summary
- Purchase price $1.6B ($1.38B net of ~$220M tax benefits) in cash; funded via new debt with commitment from JPMorgan.
- Manitowoc Ice 2021 revenue $308M, EBITDA margins ~30%, employs 800+; installed base ~1M units.
- Expected adjusted EPS accretion of ~$0.25 in 2023 and ~$0.40 in 2025; accretive in 2022.
- Pentair reiterates 2022 GAAP EPS guidance $3.54-$3.64 and adjusted $3.70-$3.80, excluding Manitowoc.
- Transaction subject to regulatory approvals; expected close Q2 2022.

## SEC filing metadata
- accession: 0000077360-22-000008
- form_type: 8-K
- ticker: PNR
- cik: 0000077360
- company_name: PENTAIR plc
- filed_at: 2022-03-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/77360/000007736022000008/0000077360-22-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/77360/000007736022000008/pnr-20220302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000077360-22-000008
- JSON: https://secwatch.observer/filing/0000077360-22-000008.json
- Plain text: https://secwatch.observer/filing/0000077360-22-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
