# Pentair completes $1.6B acquisition of Manitowoc Ice

Pentair plc completed its acquisition of Manitowoc Ice from Welbilt, Inc. for $1.6 billion. The deal enhances Pentair's commercial water solutions business for foodservice and hospitality customers.

- Type: Acquisition
- Announced: 2022-07-28
- Value: $1.60B
- Status: completed
- Products: commercial ice makers, water filtration and ice solutions
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.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-completes-transaction-to-acquire-manitowoc-ice-2022-07-28), 2022-07-28: "This strategic acquisition allows us to enhance and deliver our total water management offerings to an expanded network of channel partners and customers."
- [stocktitan.net](https://www.stocktitan.net/news/PNR/pentair-completes-transaction-to-acquire-manitowoc-0ul35q882dr0.html), 2022-07-28: "Pentair plc (NYSE: PNR) has completed its acquisition of Manitowoc Ice from Welbilt, Inc. (NYSE: WBT) 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.