Water Stocks; Pentair (NYSE:PNR) to Acquire Norit's Clean Process Technologies, Accelerating Growth in Filtration Systems and Solutions

MINNEAPOLIS - April 4, 2011 (Investorideas.com Water Stocks Newswire) - Pentair, Inc. PNR announced today that it has entered into a definitive agreement to acquire the Clean Process Technologies (CPT) division, a global leader in innovative membrane technology and ultrafiltration, from privately held Norit Holding, B.V.