The Grindmaster Cecilware brand is possessed by ELECTROLUX EXPERT ABDOMINAL MUSCLE, a firm detailed in Francfort. The International Securities Recognition Number (ISIN) of ELECTROLUX SPECIALIST AB is SE0013747870.
40 Return (Reward per share) (annualized) Share rate variants over 1 year +41. 00 % Supply exchange listing for much less than 5 year Supply market background ELECTROLUX SPECIALIST ABDOMINAL (Grindmaster Cecilware) * non inclusive of dividends, non inclusive of market orderspast efficiencies do not bias future performances Other brands, ELECTROLUX EXPERT AB Competing brands, Grindmaster Cecilware record this ad.
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Electrolux Acquires Grindmaster-Cecilware for $108 Million in Wilmington North Carolina
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Electrolux acquires leading U.S. based manufacturer ... in Kansas City Kansas
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Electrolux Acquires Grindmaster-Cecilware - Foodservice ... in Saint Paul Minnesota
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Electrolux Acquires Grindmaster-Cecilware - Foodservice and ... in El Paso Texas
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The Electrolux logo design is seen during the IFA Electronics receive Berlin, Germany September 4, 2014. REUTERS/Hannibal Hanschke/File Photo STOCKHOLM (Reuters) - Swedish house device maker Electrolux claimed on Thursday it was acquiring united state company Grindmaster-Cecilware, a manufacturer of coffee makers and also beverage dispensers, for $108 million in cash. Grindmaster-Cecilware, which has around 200 team and is based in Louisville, Kentucky, had sales of more than $65 million in 2015.
Electrolux said the purchase would widen the offering in its food solution company."This step will certainly additionally strengthen our visibility in The United States and Canada, among the largest global markets for expert home appliances," said Alberto Zanata, head of Electrolux business location Professional Products. Electrolux is not divulging the earnings of Grindmaster-Cecilware, a spokesman informed Reuters.
The device had an operating margin of 13. 9 percent in 2016 compared to 5. 2 percent for the whole group. Reporting by Johannes Hellstrom; modifying by Niklas Pollard.