Loading…
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.
Welbilt stockholders approved the merger agreement with Ali Group with 99.72% of votes in favor. The companies will divest the Manitowoc Ice brand to address antitrust concerns, with the acquisition expected to close in early 2022.