Electrolux to buy coffee machines, beverage dispenser maker ... in Temecula California

Published Feb 06, 22
11 min read

Grindmaster-Cecilware Mergers and Acquisitions Summary in Fontana California



Swedish international home appliance maker Electrolux has actually gotten U.S.-based drink systems as well as commercial coffee grinding as well as making supplier Grindmaster-Cecilware for $108 million USD in cash money factors to consider. Grindmaster as well as Cecilware combined in 2009 in a purchase led by bulk proprietor BNY Mezzanine Partners L.P., and the Grindmaster-Cecilware company, headqurtered in Louisville, Ky., with an added production center in Rayong, Thailand, commemorated 100 years in manufacturing in 2011.

While the company manufactures an array of foodservice items, coffee drink systems have actually continued to be at the heart of the product of both the Grindmaster as well as Cecilware brand names over the previous century. In 1963, Cecilware introduced the FE100, the very first fully automated electrical coffee urn, as well as Grindmaster's space-saving box-like retail mills have actually been staples in grocery store coffee aisles given that their intro in the 1970s.

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Electrolux, on the other hand is just one of the biggest home appliance makers on the planet in terms of systems sold, with most of its brand names residing in the residence and also kitchen area home appliance categories. "We are really delighted to match our portfolio with such an attractive variety of drink items, as the mix better meets client requirements, particularly among food solution chains," Head of Electrolux business area Professional Products Alberto Zanata said in the launch.

, the Swedish foodservice as well as laundry equipment maker. The acquisition was announced March 2. "We are extremely pleased to complement our profile with such an attractive range of drink products, as the mix better fulfills customer requirements, particularly amongst foodservice chains.

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Grindmaster-Cecilware's brand names, Grindmaster, Cecilware, Crathco, and also American Metal Warereported sales of $65 million in 2016. Electrolux announced Thursday it has obtained Grindmaster-Cecilware, a leading United state based maker of warm, cold as well as frozen beverage dispensing equipment, including coffee equipments. The procurement expands Electrolux offering in its food solution organization and will increase the development of the Expert Products business location.

The firm is based in Louisville, Kentucky and also has manufacturing facilities in Louisville and in Rayong, Thailand. Grindmaster-Cecilware offers items under the marketplace leading brands Grindmaster, Cecilware, Crathco, as well as American Steel Ware (electrolux grindmaster). "We are very delighted to enhance our profile with such an appealing variety of beverage products, as the combination much better satisfies client demands, specifically amongst food service chains.

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STOCKHOLM, Mar 02, 2017/ PRNewswire/-- Electrolux today revealed it has actually obtained Grindmaster-Cecilware, a leading United state based maker of hot, chilly and frozen beverage dispensing equipment, consisting of coffee makers. The procurement widens Electrolux offering in its food solution organization and will speed up the growth of the Professional Products service location by increasing access to the United state

Grindmaster-Cecilware had net sales internet excess of Extra 65 million in 2016 and approximately And also roughly.

This move will certainly also strengthen our presence in The United States and Canada, one of the biggest global markets for professional appliances," stated Alberto Zanata, Head of Electrolux organization area Specialist Products. Grindmaster-Cecilware, majority owned by BNY Mezzanine Allies L.P., was developed in 2009 through the combination of Grindmaster Corporation and also Cecilware Company, two business with an even more than 100-year heritage.

Home - Grindmaster CecilwareElectrolux buys US coffee machine maker Grindmaster-Cecilware for US$108m, Consumer - THE BUSINESS TIMES

gmcw.com. Electrolux Press Hotline, Tel: 46-8-657-65-07. This information was brought to you by Cision http://news. cision.com The following data are available for download: SOURCE Electrolux Related Hyperlinks.

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The recently developed setting will certainly work with bringing with each other Electrolux and also Grindmaster-Cecilware processes as well as procedures right into an usual platform and strategy. Reporting to Tokach will be the teams of Client Solution, Logistics, Planning, Pre-Sales, and Administration for the Charlotte, North Carolina, as well as Louisville, Kentucky, campuses. Tokach has functioned in Client Service, Supply Chain Monitoring, as well as Sales & Advertising for the last 25 years, with the most current years being in the Food Solution Market.

Driving directions to Electrolux (Grindmaster-Cecilware), 4003 ... in Modesto California

Electrolux Professional has actually announced the revival of its partnership with Worldchefs, expanding the number of nationsthat will benefit will certainly a global program of activity throughout 2017. Electrolux Expert introduced business modifications in January to aid completely incorporate the Grindmaster-Cecilware group right into the Electrolux Specialist company and also align the new company for concentrated growth. Brands- Tools A-K 3M/Cuno, Berner, Dough, Xpress, Electrolux, German Knife, Grindmaster-Cecilware, Italforni United States Brands- Devices L-Z Mr. Winter Months, Gleam, Rankin-Delux, Turbo Air Brands- Supplies/Smallwares 3M Purification, Rockline Industries, Winco Products: Service Ideas (Coffee, Roasters/OCS only) Equipment, Janitorial/Sanitation/Disposables, Supplies/Smallwares , Tabletop Table Top Yes 3 01 -New England Connecticut, Connecticut (Fairfield CountyArea, Connecticut (Southern ), Connecticut (Western ), Maine, Massachusetts, New Hampshire, Rhode Island, Vermont 1999 1988 Ice Machines, Refrigeration- Walk-In Owen Freeman.

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The FSX online marketplace provides restaurants, caterers, schools and other food service facilities with access to a wide assortment of products. The exchange allows for direct sales between pre-approved sellers and buyers, ensuring a seamless, reliable, and fast timely transaction process. Whether it is a model from a previous year or an item with a slight imperfection, buyers can purchase anything they need from our extensive pool of pre-selected, certified top equipment manufacturers and dealers. With Food Service Exchange, customers can expect premium equipment and supplies, amazing prices, timely shipping, and consistent satisfaction. Find out more information today about FSX Food Service Commercial Kitchen Equipment and Restaurant Supplies at 20 - 50% off market prices, with a minimum 90-day warranty. Plus, 5-star customer service reviews, unmatched 90-day warranty, and always free shipping!

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