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Electrolux Professional acquires Grindmaster-Cecilware to strengthen its professional offering

Electrolux Professional acquires Grindmaster-Cecilware to strengthen its professional offering

Today Electrolux Professional revealed it took over Grindmaster-Cecilware, which is a number one American producer of frozen, cold as well as hot beverage dispensing equipment such as coffee machines. It’s apparent that the given deal actually extends the company’s offering in the sector. Moreover, it will help them to back the Professional Products business area.

In 2016, Grindmaster-Cecilware boasted net sales of more than $65m and nearly 200 staff members. The deal is worth $108m. The given company is headquartered in Louisville, Kentucky, while its manufacturing facilities are situated in Rayong and Louisville. The company sells products under the following major brands: American Metal Ware, Crathco, Grindmaster, and Cecilware.

Other News

How to choose a commercial dishwasher and avoid hidden costs

A commercial dishwasher may not be the first appliance you plan to buy for your commercial kitchen, but when you do, you’ll probably find yourself thinking about it quite often because the costs of dishwashers are anything but evident. How can you avoid hidden costs when choosing a commercial dishwasher? Let’s find out!

Electrolux Professional meets the new generation of professionals at ALIg Job Fair

On Saturday, November 16th, Electrolux Professional participated at ALIg Job Fair in Udine, looking for new, enthusiastic professionals. Electrolux Professional has a long history in participating at ALIg Job Fair and attends the event every year.

Promotion for new customers! Complete on-line registration and get another 5% discount for your first order!