MERGERS AND ACQUISITIONS
Pentair Ltd., Golden Valley, has completed the $1.8 billion purchase of Erico Global, a manufacturer of products for electrical, mechanical and civil applications. The transaction is expected to add more than 40 cents to 2016 adjusted earnings per share and will be funded through a combination of cash and investment-grade financing.
![Attendees of Frostbike made their way through the convention Saturday at the Quality Bike Products campus in Minneapolis. ] (AARON LAVINSKY/STAR TRIBUNE) aaron.lavinsky@startribune.com Frostbike 2016 was held at the Quality Bike Products Campus on Saturday, Feb. 27, 2016 in Bloomington, Minn.](https://arc.stimg.co/startribunemedia/NH2BSHB74ND2V6GF2G2HI5X4MM.jpg?&w=252&ar=3:2&fit=crop)
