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Pentair completes purchase of ERICO Global

Pentair Plc on Sept. 18 closed its acquisition of ERICO Global Co. for a transaction value of $1.80 billion.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Goldman Sachs & Co. LLC was the financial adviser for Pentair, and Eversheds Sutherland and Foley & Lardner LLP were the legal advisers.

J.P. Morgan Securities LLC was the financial adviser for ERICO Global, while Jones Day was the legal adviser.