01 Growth


ALL WELL AND


GOOD


In July 2022, Ali Group officially completed its acquisition of Welbilt, Inc. Te move sees the consolidation of a powerful global foodservice equipment entity


A 6 Aliworld


li Group’s acquisition of Welbilt®, Inc. was the culmination of more than one year of negotiation and regulatory approval, which began on May 28, 2021. It sees Ali Group consolidate


and increase its global presence in the foodservice equipment market, bringing to bear the full power of Welbilt’s offerings and worldwide partnerships with customers and suppliers alike. Te move sees Ali Group adding leading Welbilt brands such as Delfield® and Frymaster® into the fold. Te Ali Group now consists of 113 global brands in 34 countries, with 75 manufacturing facilities in 17 countries — including


primary manufacturing facilities in the U.S., Mexico and China — and sales and service subsidiaries throughout Europe, the Middle East, Africa, North America, South America and Asia Pacific. It also saw Kevin Clark, formerly president of ACP, Inc., and a 39-year veteran of the foodservice equipment industry, become CEO of Welbilt. Te acquisition was a great move for both parties, says Clark. “Welbilt has great brands, in the North American market particularly, so it expands Ali Group’s presence in that market, not just in volume, but in categories — that’s important to both our end-user customers and our channel partners. Ali Group is excited about the


acquisition. It’s a long-term strategic fit for both businesses.” Te acquisition highlights the unique


strengths of both companies, says Andrea Cocchi, Ali Group’s Chief Executive Officer EMEA and APAC. “It’s a win-win situation,” he says, as “Welbilt brings some expertise in key technologies, like accelerated cooking with Merrychef® and induction cooking with Inducs®. Induction technology is one of the assets of Welbilt that’s already important in Europe.” Clark agrees that induction cooking presents a great growth opportunity for the company. “It brings some unique technology in an area that’s growing globally.” Another benefit for the combined


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100