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Williams Refrigeration in £260m sale to Ali SpA

AGA has agreed to sell its Foodservice Equipment business, which includes Williams Refrigeration, to privately-owned Italian company Ali for £260m.
Aga Foodservice Equipment accounted for about half of Aga's revenues of £528.9m last year and contributed £21.2m to the group's £47.7m operating profits.

Ali SpA is headquartered in Cernusco, near Milan and designs, manufactures and services a large range of commercial foodservice equipment. Existing Ali refrigeration brands include Friginox, Friulinox, Hiber, KTM and Polaris.

The Ali Group claims to be the largest European group in this industry, employing more than 4,200 people in 22 countries.

It has manufacturing facilities in Australia, Belgium, Canada, Estonia, Finland, France, Italy, New Zealand, Spain, Sweden, the Netherlands and the US. It has sales and service subsidiaries in Europe, North America,  Russia, Japan, China, the Middle East, Australia and New Zealand. 

The sale follows the collapse of Aga's proposed merger with fellow kitchen equipment group Enodis at the end of last year.

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

  01-Apr-2021

Sanhua presents new cross reference app

Sanhua has launched a new app for customers....

  18-Jan-2022

New Sanhua Mobile App can help you quickly identify the correct Sanhua part numbers by cross-referencing it with any competitive product.

The app also includes dealer locator functionality to identify the nearest wholesale store location and links to Sanhua contacts for more information and help.
  12-Jan-2022
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