Pentair plc (NYSE: PNR) has reached a definitive agreement to acquire Manitowoc Ice, a provider of commercial ice makers, for $1.6 billion, subject to “customary adjustments.” When adjusted for approximately $220 million of expected tax benefits, the net transaction value is approximately $1.38 billion, Pentair said. The company said it expects to fund the acquisition […]
Category: sustainability
Southwire Partners with Copper Mark
Carrollton, Georgia-based Southwire Company, LLC has partnered with the Copper Mark, a sustainability initiative and designation for businesses in the copper value chain. The Copper Mark is an assurance framework that “promotes the responsible production of copper,” Southwire said. The designation is intended to show the copper industry’s contribution to sustainable development and provides a […]
