◂ Announcements

Mar 3, 2022ACQUISITION

Pentair to acquire Manitowoc Ice for USD 1.6 billion

Pentair plc has entered into a definitive agreement to acquire Manitowoc Ice, a commercial ice maker, for $1.6 billion. The transaction is expected to close in Q2 2022.

Value

$1.60B

Status

Announced

Productscommercial ice machines

CompaniesPentair acquirer Welbilt partner Manitowoc Ice target

Sectors#HVAC and Industrial Refrigeration

“Pentair plc today announced that it has entered into a definitive agreement to acquire Manitowoc Ice, a leading provider of commercial ice makers, for $1.6 billion.”nasdaq.com

1 source
nasdaq.comPentair Announces Definitive Agreement to Acquire Manitowoc Ice | NasdaqMar 3, 2022

Summarized from public sources; check the original articles before acting on it.

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Pentair to acquire Manitowoc Ice for USD 1.6 billion · Endata