Pacific Diversified Capital, a non-regulated subsidiary of...

Pacific Diversified Capital, a non-regulated subsidiary of San Diego Gas & Electric, has agreed to acquire Wahlco, a Santa Ana-based air pollution control equipment manufacturer, for an undisclosed price, the company said Tuesday.

Wahlco, which manufactures equipment for the electric utility industry, posted $18.5 million in 1986 revenue. Wahlco is profitable, according to Pacific Diversified President Richard Korpan.