The Netherlands-based CPT specialises in membrane and clean process technologies and systems in the water and beverage filtration and separation sectors. Products include ultrafiltration and nanofiltration membrane technologies, aseptic valves, CO2 management and control systems and specialty pumping equipment and systems.
CPT has approximately 1200 employees and had sales of €222 million and EBITDA of €35 million in 2010.
“This acquisition will position Pentair as a leader in the attractive food and beverage sector, where CPT's expertise is highly valued, and will meaningfully strengthen our presence in fast growth regions, including China, Latin America and the Middle East,” said Randall Hogan, Pentair chairman and CEO.
Doughty Hanson will continue to hold a majority stake in the Norit Activated Carbon business which accounted for over 60% of Norit’s Group EBITDA in 2010.