Wickes to Sell Group: Wickes Cos., continuing...

Wickes to Sell Group: Wickes Cos., continuing its divestiture program, said it had agreed to sell its Heat Transfer Group to Heatcraft Inc. for $110 million. Santa Monica-based Wickes, a unit of WCI Holdings, has divested $950 million in assets since it was acquired last year by Blackstone Capital Partners L.P. and Wasserstein Perella Partners L.P. The Heat Transfer Group of Danville, Ill., includes the Bohn Heat Transfer division and Larkin Inc. It manufactures products for use in the commercial refrigeration and commercial air conditioning industries.