Items Tagged with 'divestiture'

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Aug. 15, 2013: Watts Water Technologies Completes Sale of Watts Insulation

Watts Insulation Did Not Meet Performance Expectations
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Watts Water Technologies Inc. announced that it has completed the sale of all of the outstanding shares of Watts Insulation GmbH, an indirect wholly-owned subsidiary of the company formerly known as Austroflex. The company received proceeds from the sale of approximately $9 million.


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Feb. 4, 2013: Manitowoc Announces Divestiture of Its Jackson Business to Hoshizaki USA Holdings

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The Manitowoc Co. Inc. announced that it has sold its Jackson warewashing business to Hoshizaki USA Holdings Inc. Specific terms of the asset sale were not disclosed. Jackson is a leading producer of warewashing equipment systems primarily for institutions and commercial kitchen applications.


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Aug. 18, 2011: EMCOR Group Announces Agreement to Sell Comstock Canada

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EMCOR Group Inc. announced that it has entered into an agreement to sell its Toronto-based Canadian subsidiary, Comstock Canada Ltd., to CCL Equities Inc., an Ontario, Canada-based corporation.
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Aug. 15, 2011: Ingersoll Rand to Sell Majority Interest in Hussmann Refrigerated Display Case Business

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Ingersoll-Rand plc has entered into an agreement to sell a 60 percent stake in its Hussmann refrigerated display case business to the private equity firm Clayton Dubilier & Rice LLC (CD&R).
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