Grindmaster-Cecilware sells products under the market-leading brands Grindmaster, Cecilware, Crathco and also American Steel Ware. "We are really delighted to match our portfolio with such an attractive range of beverage products, as the combination much better fulfills client requirements, especially among foodservice chains," states Alberto Zanata, head of Electrolux organization location Professional Products. electrolux grindmaster.
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, according to According to the press launch, the US-based brewing as well as business coffee grinding supplier was acquired for $108 million paid in cash. The acquisition will open and accelerate Electrolux's development and enhance its accessibility in the US market. Grindmaster-Cecilware produces coffee-related items like powdered drink as well as frozen drink dispensers to coffee brewers and grinders - electrolux grindmaster.
Electrolux on the various other hand is an appliance making business with a number of its products used in the house as well as kitchen area classifications. It ought to be noted that in 2009, Grindmaster and Cecilware merged together with majority of its shares owned by BNY Mezzanine Allies LP. Grindmaster-Cecilware has its head office in Louisville where it has a manufacturing facility.
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According to the press launch, Grindmaster-Cecilware that has about 200 workers had a web sales unwanted of up to $65 million in 2016. Some of their brand names include Crathco, Cecilware, Grindmaster and American Metal Ware. Alberto Zanata, that is head of Electrolux service area Professional Products stated they are really happy to add to their profile "an appealing series of be