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Electrolux Professional acquires Grindmaster-Cecilware in Miami Florida
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Grindmaster-Cecilware sells products under the market-leading brands Grindmaster, Cecilware, Crathco as well as American Metal Ware. "We are extremely delighted to complement our profile with such an appealing variety of beverage products, as the mix much better meets customer demands, particularly amongst foodservice chains," claims Alberto Zanata, head of Electrolux company area Professional Products. electrolux grindmaster.
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, according to According to the press launch, the US-based brewing and also industrial coffee grinding maker was obtained for $108 million paid in cash money. The procurement will open up and also accelerate Electrolux's growth and also raise its accessibility in the United States market. more info here Grindmaster-Cecilware produces coffee-related products like powdered drink as well as icy drink dispensers to coffee makers as well as grinders - electrolux grindmaster.
Electrolux on the various other hand is a home appliance manufacturing company with many of its items utilized in the residence and kitchen categories. It needs to be kept in mind that in 2009, Grindmaster as well as Cecilware merged together with bulk of its shares possessed by BNY Mezzanine Partners LP. Grindmaster-Cecilware has its head office in Louisville where it has a production facility.
Grindmaster-Cecilware 08041L Thermostat Knob in Seattle Washington
According to the press release, Grindmaster-Cecilware that has around 200 staff members had an internet sales excess of up to $65 million in 2016. A few of their brands include Crathco, Cecilware, Grindmaster as well as American Metal Ware. Alberto Zanata, that is head of Electrolux service area Expert Products stated they are very pleased to contribute to their profile "an eye-catching variety of drink products" since it will better satisfy the demands of consumers especially in their food service chains.
Electrolux is a leader in home and also cooking area devices. Some of their items consist of ovens, fridges, dishwashing machines, cookers, cleaning equipments, hobs, vacuum cleaner cleansers, air-conditioners and also various other residential devices.
00 % Stock exchange listing for much less than 5 year Stock market history ELECTROLUX EXPERT ABDOMINAL MUSCLE (Grindmaster Cecilware) * non comprehensive of dividends, non inclusive of market orderspast performances do not bias future performances Various other brands, ELECTROLUX PROFESSIONAL AB Competing brands, Grindmaster Cecilware record this advertisement.
ELECTROLUX Expert does not carry out to keep an eye on or evaluate Third Party Website Content neither is ELECTROLUX PROFESSIONAL liable for the accuracy or reliability of any kind of such 3rd celebration internet websites. ELECTROLUX Expert might supply on this Site web links to Web Sites run by various other entities.
Grindmaster Corporation Company Profile - Louisville, KY in College Station Texas
ELECTROLUX SPECIALIST DOES NOT WARRANT THAT THE SITE OR THE WEB SERVERS WHICH MAKE THIS SITE READILY AVAILABLE OR ELECTRONIC COMMUNICATIONS SENT BY ELECTROLUX SPECIALIST ARE FREE FROM VIRUSES OR ANY OTHER DAMAGING ASPECTS."This step will certainly also strengthen our visibility in North America, one of the largest worldwide markets for expert home appliances," claimed Alberto Zanata, head of Electrolux business area Professional Products.
