ACR-News

 

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

Samsung Climate Solutions celebrates a year in partnership with distributor Dynamic Climate

Samsung Climate Solutions and Dynamic Climate, a dedicated HVAC professional services business, began their partnership in early 2021 and have seen a fruitful year of growth and learning....

  10-May-2022

Sanhua welcomes Neil Panting as the new Sales Manager for the UK, Ireland & Scandinavia.

Neil is responsible for the wholesaler segment, providing wholesalers with both sales and technical support.
  18-May-2022
https://www.acr-news.com/williams-refrigeration-in-260m-sale-to-ali-spa------