Majority stake Announced Dec 2010 Verified
Lennox International to Acquire Kysor/Warren from Manitowoc
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Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.
Summary
Lennox International Inc. signed a definitive agreement with The Manitowoc Company to acquire substantially all the assets of its Kysor/Warren business for $138 million. Kysor/Warren manufactures refrigerated systems and display cases for supermarkets. The deal is expected to close in Q1 2011 and be accretive to GAAP earnings.