SYLMAR, Calif. and JOHANNESBURG, Oct. 29 /PRNewswire/ -- Anthony, a portfolio company of Los Angeles-based investment firm Aurora Capital Group, announced this month that it has completed its licensing agreement with Glacier, a business unit of Universal Industries.
Anthony is a leader in the U.S. commercial refrigeration industry and the world's largest manufacturer of specialty glass, commercial glass refrigerator and freezer doors, case lighting, and display and merchandising systems. Glacier, a subsidiary of Universal Industries, is South Africa's leader in normal temp, beverage doors, and package doors for the commercial refrigeration industry. Glacier and Anthony will strengthen Universal's efforts to penetrate South African, African, and Indian refrigeration markets.
Jeffrey Clark, President and Chief Executive Officer of Anthony, stated, "This strategic licensing agreement accelerates our global commitment to continue as the world's leader in refrigeration specialty glass for the South African, African, and Indian markets. We have maintained an excellent relationship with Universal's management for more than 25 years, and this licensing agreement will only propel our relationship further. With our North American retailers' globalization, this makes available Anthony's high quality products worldwide."
This licensing agreement provides for Glacier to manufacture Anthony's state-of-the-art, energy-efficient door line, LED lighting systems, anti-fog doors and specialty glass for these international markets. This arrangement allows Glacier to have a complete offering in the commercial refrigeration specialty glass market.
Founded in 1958 and headquartered in Sylmar, CA, Anthony is the world's largest manufacturer of specialty glass, commercial glass refrigerator and freezer doors, case lighting, and display and merchandising systems. Anthony provides customers with state-of-the-art merchandising systems, offering low-energy products to cut operating costs and help preserve natural resources. Anthony offers up to 70% energy savings by enclosing open dairy and freezer cases with Anthony retrofit doors and Anthony "OptiMax2" LED lighting systems. Anthony serves the commercial refrigeration markets in North America, South America, Asia, and Western Europe. For more information, please visit: http://www.anthonyintl.com.
For Aurora Capital Group:
Sharon Stern / Dara Silverstein
Director, International Sales
Joele Frank, Wilkinson Brimmer Katcher