Electrolux acquires Grindmaster-Cecilware for USD 108 million

Electrolux announced the acquisition of Grindmaster-Cecilware, a US-based manufacturer of beverage dispensing equipment including coffee machines, for USD 108 million in cash. The company has manufacturing facilities in Louisville, Kentucky and Rayong, Thailand.

“Electrolux today announced it has acquired Grindmaster-Cecilware, a leading U.S. based manufacturer of hot, cold and frozen beverage dispensing equipment, including coffee machines.”globenewswire.com

• 1 source
• globenewswire.comElectrolux strengthens professional offering with beverageElectroluxMar 2, 2017

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