U.S. water treatment company Pentair PLC has agreed to buy peer Pelican Water Systems for $120 million in cash.

The deal will bolster Pentair’s business with new development opportunities through both its modernized products and its multi-channel approach which raises consumers’ options.

Pentair said that the transaction is in line with of its strategy to extend the company’s core water treatment products in the residential home water business.

The acquisition, which is subject to customary closing conditions and necessary regulatory approvals, is expected to be closed in the first quarter of 2019.