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Pentair completes acquisition of Manitowoc Ice from Welbilt

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July 29, 2022

Pentair PLC, a leading provider of water treatment and sustainable solutions, has completed the previously announced transaction to acquire Manitowoc Ice, a provider of commercial ice makers, from Welbilt, Inc. for $1.6 billion, subject to customary adjustments, according to a press release.

"This strategic acquisition allows us to enhance and deliver our total water management offerings to an expanded network of channel partners and customers, further establishing Pentair as a leader in a vast and growing industry," John Stauch, Pentair president and CEO, said in the press release.