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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
16.05.2019

Share innovative ideas through 2019 Start Me Up Innovation awards

The Foodservice Consultants Society International (FCSI) and Electrolux Professional have teamed up to create a new awards campaign that celebrates innovative ideas from start-up businesses.
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25.04.2019

Electrolux strengthens its professional beverage offering by acquiring UNIC in France

Electrolux business area Professional Products today announced it has acquired UNIC S.A.S., a French manufacturer of professional espresso machines. The acquisition complements the Electrolux offering of products for beverage service and further develops its position as a leader in complete solutions for the hospitality industry.
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