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Grindmaster-Cecilware offers items under the market leading brand names Grindmaster, Cecilware, Crathco, and also American Steel Ware. Resource: Grindmaster-Cecilware.

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02 March 2017 Swedish international residence appliance manufacture Electrolux today struck a bargain to purchase US-based maker of coffee devices and also drink dispensers Grindmaster-Cecilware, for $108 million in cash. The acquisition comes less than a month after Electrolux accepted purchase San Francisco-based accuracy cooker manufacturer Anova Applied Electronic devices, for upto $250 million.

Grindmaster-Cecilware, majority-owned by exclusive equity and also venture capital company BNY Mezzanine Partners, was created in 2009 through the merger of Grindmaster Corp and also Cecilware Corp with the 2 companies having an over 100-year heritage. The Louisville, Kentucky-based firm Cecilware is a developer and also marketer of drink dispensing equipment for warm, cold, as well as icy beverages and also food solution tools.

It has making centers in Louisville and also in Thailand, as well as employs about 200 individuals and had 2016 net sales of over $65 million - electrolux grindmaster. "We are extremely happy to match our portfolio with such an appealing variety of beverage products, as the combination better meets consumer demands, particularly among food service chains,"claimed Alberto Zanata, head of Electrolux service area Expert Products.

Grindmaster - Food service Parts - PartsFPS in Chandler Arizona
, a 90-year-old maker of coffee makers based in France, has been gotten by the world's second-largest appliance supplier, Electrolux. The purchase demonstrates yet an additional action right into the commercial coffee developing sector for Electrolux. Recently Electrolux acquired Grindmaster-Cecilware and Italy-based SPM Consume System. Grindmaster-Cecilware has actually been distributing a part of the UNIC product variety in North as well as Latin America under the Grindmaster brand name considering that 2018.

Grindmaster-Crathco

Electrolux Professional

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Electrolux will certainly likewise take the reins over UNIC's 130 staff members, making center near Nice, France, as well as branch workplace in Seattle, Washington. Related.

Electrolux Acquires UNIC - Fresh Cup Magazine

The Editors March 02, 2017 Electrolux has obtained Grindmaster-Cecilware, an U.S. manufacturer of hot, chilly as well as frozen drink giving devices, including coffee machines, for $108 million in cash money.

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