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<h1 style="clear:both" id="content-section-0">Electrolux Acquires Grindmaster-Cecilware - Foodservice ... in Ontario California</h1>


Produced in 1920 (United States), Grindmaster Cecilware very own 281 sister brands and also 2578 competing brand names. The Grindmaster Cecilware brand is owned by ELECTROLUX EXPERT ABDOMINAL, a firm provided in Francfort. The International Stocks Identification Number (ISIN) of ELECTROLUX SPECIALIST ABDOMINAL MUSCLE is SE0013747870. Grindmaster Cecilware comes from the Home furnishings, Fixtures & Appliances business sector.

40 Return (Returns per share) (annualized) Share rate variations over 1 year +41. 00 % Supply exchange listing for less than 5 year Stock market background ELECTROLUX EXPERT ABDOMINAL MUSCLE (Grindmaster Cecilware) * non comprehensive of rewards, non inclusive of market orderspast efficiencies do not bias future performances Various other brand names, ELECTROLUX PROFESSIONAL AB Competing brands, Grindmaster Cecilware report this advertisement.

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The Electrolux logo design is seen during the IFA Electronics receive Berlin, Germany September 4, 2014. REUTERS/Hannibal Hanschke/File Image STOCKHOLM (Reuters) - Swedish house device manufacturer Electrolux stated on Thursday it was acquiring united state firm Grindmaster-Cecilware, a manufacturer of coffee machines and drink dispensers, for $108 million in cash. Grindmaster-Cecilware, which has about 200 team as well as is based in Louisville, Kentucky, had sales of more than $65 million in 2014.

Electrolux said the acquisition would expand the offering in its food service organization."This action will certainly additionally enhance our presence in The United States and Canada, among the biggest worldwide markets for professional devices," said Alberto Zanata, head of Electrolux business location Specialist Products. Electrolux is not disclosing the productivity of Grindmaster-Cecilware, a spokesman informed Reuters.

The device had an operating margin of 13. 9 percent in 2016 compared with 5. 2 percent for the entire group. Reporting by Johannes Hellstrom; modifying by Niklas Pollard.

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