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STA-RITE ACQUIRES AUSTRALIAN FIRM

 MILWAUKEE, Nov. 8 /PRNewswire/ -- Sta-Rite Industries, Inc., a manufacturing subsidiary of WICOR, Inc. (NYSE: WIC), has acquired Dega Research Pty. Ltd., of Melbourne, Australia. Dega is a manufacturer and marketer of filters, pumps, heaters and other accessories for the pool and spa market, with annual sales of about $6 million.
 According to Stuart W. Tisdale, chairman and chief executive officer of WICOR, Sta-Rite acquired the company through its Australian subsidiary, Onga Pumps. He said Dega is an excellent strategic fit with Onga, which also is based in Melbourne.
 Tisdale said, "This acquisition is strategically significant because Dega will help Onga increase its already strong presence in the Australian pool and spa market by expanding our product line and adding complementary distribution channels."
 Tisdale said the combination of Dega and Onga will create the largest pool and spa equipment company in Australia. He noted that Australia is one of the world's top markets for pools and spas, second only to the United States.
 Founded in 1973, Dega employs about 60 people. Its products are sold throughout Australia and exported to other Pacific Rim countries.
 Sta-Rite is an international manufacturer of pumps and water processing equipment for markets throughout the world. Its parent company, WICOR, is a Milwaukee-based holding company that also operates Wisconsin Gas Company, the state's largest distributor of natural gas, and SHURflo Pump Manufacturing Co., a leading manufacturer of fluid- handling pumps and products.
 -0- 11/8/93
 /CONTACT: (Media) Kathleen Sieja, 414-291-6950, or (Analysts) John Hoy, 414-291-6568, both of WICOR/
 (WIC)


CO: Sta-Rite Industries, Inc.; Dega Research Pty., Ltd.; WICOR, Inc.; ST: Wisconsin IN: SU: TNM

JG -- DE010 -- 1672 11/08/93 10:16 EST
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Publication:PR Newswire
Date:Nov 8, 1993
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