Tag Archives: Grindmaster-Cecilware

Electrolux pays £89m to enter commercial beverage equipment market

Electrolux pays £89m to enter commercial beverage equipment market

Electrolux Professional has taken a giant leap into the commercial beverage dispensing market by agreeing a $108m (£89m) takeover of Grindmaster-Cecilware. The US-based outfit, which made sales of $65m (£89m) last year and employs 200 staff, specialises in hot, cold and frozen beverage dispensing equipment, including coffee machines. Electrolux said the acquisition primarily broadens its foodservice

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