U.S. Industries Completes Sale Selkirk HVAC Operations
June 25, 2002
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--June 25, 2002--U.S. Industries, Inc. announced today that it has completed the previously announced sale of its Selkirk HVAC operations to Tinicum Capital Partners, L.P. for $40 million in cash.
U.S. Industries owns several major businesses selling branded bath and plumbing products, along with its consumer vacuum cleaner company. The Company's principal brands include Jacuzzi, Zurn, Sundance Spas, Eljer, and Rainbow Vacuum Cleaners.