Webster Electric Company, Inc. which includes Fluid Controls
subsidiaries of
Sta-Rite Industries, Inc. a WICOR, Inc. Company
have been acquired by
Danfoss A/S
MERTZ ASSOCIATES
acted as advisor to Sta-Rite Industries, Inc. in designing a marketing program, preparing offering materials, contacting potential purchasers, evaluating proposals and participating in negotiations.
Selected assets of WEBSTER ELECTRIC COMPANY, INC., Racine, Wisconsin, and STA-RITE GMBH EUROPA comprise the FLUID POWER GROUP of Sta-Rite, with locations in Easley, South Carolina and Griesheim, Germany. The Group manufactures a full line of hydraulic pumps, motors and control valves, serving the mobile equipment market.
STA-RITE INDUSTRIES, INC., Milwaukee, Wisconsin, is a leading manufacturer of pumps and water processing equipment throughout the world.
WICOR, INC., NYSE, is the parent company of three wholly owned subsidiaries: WISCONSIN GAS COMPANY, STA-RITE INDUSTRIES, INC. and WEXCO OF DELAWARE, INC.
DANFOSS A/S, Nordberg, Denmark, is a billion-dollar supplier of components to many different industries. Products include refrigeration controls, industrial automatics, electrical drives and controls, and many others. Manufacturing and sales are worldwide.