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Article: BROAN AND NORTEK ANNOUNCE INTENTION TO ACQUIRE BEST S.P.A. OF ITALY; WILL MARKET RANGE HOODS IN NORTH AMERICA AS 'BEST BY BROAN'

Article from:
PR Newswire
Article date:
April 28, 1995
Copyright

HARTFORD, Wis., April 28 /PRNewswire/ -- Long recognized as North America's leading kitchen range hood manufacturer, Broan and Nortek (NYSE: NTK) are pleased to announce their intention to acquire Best S.P.A., a world-renowned Italian manufacturer of premium, contemporary styled range hoods. Best range hoods are recognized worldwide by kitchen designers for their stunning Eurostyle designs, distinct seamless-styled stainless steel fabrication, and high performance.

The acquisition is a major development for Broan because it marks the company's entry into the global market, as well as the growing premium market for kitchen appliances in North America. "In today's ...

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