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Electrolux strengthens professional offering by acquiring Grindmaster-Cecilware
01.03.2017

Electrolux strengthens professional offering by acquiring Grindmaster-Cecilware

Electrolux today announced it has acquired Grindmaster-Cecilware, a leading U.S. based manufacturer of hot, cold and frozen beverage dispensing equipment, including coffee machines. The acquisition broadens Electrolux offering in its food service business and will accelerate the growth of the Professional Products business area.

Grindmaster-Cecilware had net sales in excess of USD 65 million in 2016 and approximately 200 employees. The cash consideration in the transaction is USD 108 million. The company is based in Louisville, Kentucky and has manufacturing facilities in Louisville and in Rayong, Thailand. Grindmaster-Cecilware sells products under the market leading brands Grindmaster, Cecilware, Crathco, and American Metal Ware.

Other News
02.10.2017

The Global Gastronomy Awards 2017, highlighting “sustainability-forward”

With Dan Barber as its 2016 laureate, the Global Gastronomy Awards took place in New York City on September 25th. After ten years in Stockholm, the ceremony moves to the home turf of the previous year’s winner, which makes Mexico City, home to 2017 awardee Enrique Olvera and his restaurant Pujol, our next location.
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25.09.2017

SMART Label innovation award

SMART Label innovation award for the revolutionary Shop in Shop restaurant design
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