Warburg Pincus Completes Acquisition of Enodis Global Ice Machine Business From The Manitowoc Company
New Holding Company To Be Named Scotsman Industries, Inc.
With more than 50 years of history in the commercial ice machine and refrigeration business, Scotsman Industries, Inc. will become the official name of the new holding company for all of the assets of the former Enodis global ice machine business including six factories in the
"This is an important day in the history of our company," said Scotsman Industries' Chairman and CEO,
"With the acquisition of Scotsman Industries now completed, Warburg Pincus has the opportunity to work with a strong management team that has created a global leader in commercial ice machines. This is a company with an extensive stable of brands and products that are well positioned for the future, and we look forward to helping management maintain the company's leading market position and expand the business even further," said
About Scotsman Industries, Inc.
Scotsman Industries, Inc. is the largest global manufacturer of commercial ice machines with related products including storage bins, ice and water dispensers, industrial ice machines, high-end residential ice machines, blast chillers and commercial refrigeration units. The company distributes its products in more than 100 countries to a range of end market customers that include quick-serve and full service restaurants, hotels and hospitality venues, health care facilities, food retailers, and education, government and military facilities.
Warburg Pincus is a leading global private equity firm. The firm has more than
SOURCE Warburg Pincus