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Pentair acquires Sta-Rite.(Newsroom)(Pentair Inc)(Sta-Rite Industries )(Brief Article)
In one of the largest transactions in industry history, Pentair Inc. announced that it has reached an agreement with Wisconsin Energy Corp. to buy WICOR Industries--the parent company of Sta-Rite Industries--for $850 million.
Milwaukee-based WICOR makes pool and spa equipment, water systems and pumps under the Sta-Rite, SHURflo and Hypro brands. It is expected to record sales of approximately $750 million for 2003.
"We expect to combine Pentair's proven operating disciplines with WICOR's strong customer orientation to enhance relationships with our customers," said Richard J. Cathcart, president/chief operating officer of Pentair's Water Technologies Group.
WICOR employs 3,500 people in 24 locations worldwide. At this point, Pentair officials said no layoffs are imminent as the two ...
- Pentair buys Sta-Rite.(Making News)
- Magazine article from: Pool & Spa News Dumas, Bob February 27, 2004 700+ words
...industry history, Pentair Inc., announced that...parent company of Sta-Rite Industries--for $850 million...We expect to combine Pentair's proven operating...continue as usual. Pentair does plan to relocate...headquarters for Sta-Rite Industries. For Wisconsin Energy...
- Pentair makes commitment to its Delavan plant.
- Newspaper article from: Janesville Gazette (Janesville, WI) November 20, 2006 700+ words
...Nov. 20--DELAVAN-The Pentair Water pump manufacturing plant...was named general manager for Pentair's pump division, which is...formerly occupied by Sta-Rite Industries, a company Pentair purchased in July 2004...
- Pentair sells tools group, streamlines business.(Making News)
- Magazine article from: Pool & Spa News Mogharabi, Shabnam August 20, 2004 700+ words
Pentair Inc. announced it is selling...incurred when acquiring Sta-Rite Industries earlier this year. The...2004. "In the 1990s, Pentair was largely defined by its...said Randall J. Hogan, Pentair's chairman/CEO. "Going...
- FTC approves Pentair, Sta-Rite agreement.(Making News)
- Magazine article from: Pool & Spa News Mogharabi, Shabnam August 6, 2004 700+ words
...completed its review of Pentair Inc.'s acquisition of...parent company of Sta-Rite Industries. The July announcement paved the way for Pentair to complete the transaction...money transfer." For Pentair, that finalization is...
- Pentair appointments.(NewScope)
- Magazine article from: National Driller January 1, 2005 700+ words
...vice president-growth, for Pentair Water's Delavan, Wis...since joining the former STA-RITE Industries in 1993. In this new position...for future growth plans and Pentair/STA-RITE synergy opportunities...throughout the pump division of Pentair Water. He will focus his...
- Pentair and Franklin Electric Resolve Lawsuit.
- Press release article from: PR Newswire November 1, 2004 700+ words
...reached in litigation filed by Pentair Pump Group and Sta-Rite Industries against Franklin, which challenged...terms of the settlement, Pentair and Sta-Rite will continue...supplying such products to Pentair Pump Group and Sta-Rite...
- PENTAIR COMPLETES ACQUISITION OF WICOR INDUSTRIES.
- News wire article from: AsiaPulse News August 3, 2004 700+ words
...Approximately 8,000 Employees Worldwide Pentair, Inc. (NYSE: PNR), announced today...Corporation (NYSE: WEC), Milwaukee. Pentair's acquisition of WICOR, which manufactures...employees worldwide that will now be known as Pentair Water. Pentair, which financed the...
- Pentair Completes Acquisition of WICOR Industries.
- Press release article from: PR Newswire August 2, 2004 700+ words
...Approximately 8,000 Employees Worldwide Pentair, Inc. (NYSE: PNR), announced today...Corporation (NYSE: WEC), Milwaukee. Pentair's acquisition of WICOR, which manufactures...employees worldwide that will now be known as Pentair Water. Pentair, which financed the USD...