# 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.

- Type: Acquisition
- Announced: 2022-03-03
- Value: $1.60B
- Status: announced
- Products: commercial ice machines
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Pentair](https://endata.com/companies/546.md) (acquirer)
- [Welbilt](https://endata.com/companies/22062.md) (partner)
- [Manitowoc Ice](https://endata.com/companies/58067.md) (target)

## Sources

- [nasdaq.com](https://www.nasdaq.com/press-release/pentair-announces-definitive-agreement-to-acquire-manitowoc-ice-2022-03-03), 2022-03-03: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.