Manitowoc signs definitive agreement to acquire Harford Duracool for ~$18-22M

The Manitowoc Company signed a definitive agreement to acquire Harford Duracool, a walk-in refrigerator/freezer manufacturer, for approximately $18-22 million cash, adding it to Manitowoc's Refrigeration Group.

“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.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.