Online News-Wisconsin Energy Corp. To Sell WICOR Industries to Pentair
May 7, 2004
Wisconsin Energy Corp. has reached agreement to sell WICOR Industries to Pentair, Inc. for $850 million and the assumption of approximately $25 million in debt. WICOR manufactures water systems, filtration and pool equipment products under the brand names Sta-Rite, Hypro and SHURflo. The sale is expected to close in the second or third quarter following regulatory reviews.