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Article: United States: Warburg Pincus Acquires Enodis Ice Machine Business From Manitowoc.
- Article from:
- TendersInfo
- Article date:
- May 23, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sanjayV03
The Manitowoc Co. Inc.s Enodis global ice machine business has announced the completion of its sale to affiliates of Warburg Pincus LLC, a leading global private-equity firm, for $160 million.
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 United States, Italy and China. All of the companys brands, which include Scotsman, Ice-O-Matic, Simag, Barline, Icematic, Tecnomac and Oref, will continue to operate as they have in the past, with no change to sales, distribution and service.
The business ...