MANITOWOC, WI — The Manitowoc Company, Inc., announced that it has signed a definitive agreement to acquire Harford Duracool, LLC, a manufacturer of walk-in refrigerators and freezers. The cash purchase price is expected to total approximately $18 million to $22 million.
Harford will join Manitowoc’s Refrigeration Group, which includes Kolpak, McCall, and Diversified Refrigeration. Manitowoc expects to close on the acquisition later this month.