Transactions

the assets of Skidmore Division of Sta-Rite Industries, Inc. a WICOR, Inc. Company have been acquired by Vent-Rite Valve Corporation MERTZ ASSOCIATES served as advisor to Sta-Rite Industries, Inc. in evaluating the businesses, opening discussions with the buyers and negotiating the letters of intent.

• SKIDMORE DIVISION, Benton Harbor, Michigan, is engaged in the manufacture of systems for vent and condensate, boiler feed and vacuum returns for steam heating applications.
   
• STA-RITE INDUSTRIES, INC., Milwaukee, Wisconsin, is a leading manufacturer of pumps and other fluid-handling equipment and controls. Products are marketed throughout the United States and worldwide on six continents.
   
• WICOR, INC., NYSE, is the parent company of three wholly owned subsidiaries: WISCONSIN GAS COMPANY, STA-RITE INDUSTRIES, INC. and WEXCO OF DELAWARE, INC.
   
• VENT-RITE VALVE CORPORATION, Randolph, Massachusetts, is a long established privately owned manufacturer of specialty valves for steam heating. Other operations, under common ownership, also serve the steam heating field.