Electrolux strengthens its professional offering of beverage products by acquiring Grindmaster-Cecilware, a U.S. based manufacturer of hot, cold and frozen beverage dispensing equipment, including coffee machines. Grindmaster-Cecilware had net sales in excess of USD 65 million in 2016 and approximately 200 employees. The company is based in Louisville (Kentucky) and has manufacturing facilities in Louisville and in Rayong (Thailand). “We are very pleased to complement our portfolio with such an attractive range of beverage products, as the combination better meets customer needs, especially among food service chains. This move will also reinforce our presence in North America, one of the largest global markets for professional appliances”, said Alberto Zanata, Head of Electrolux business area Professional Products.
