Manitowoc changes name to Welbilt
7th February 2017
USA: Commercial foodservice equipment manufacturer Manitowoc Foodservice is to change its name to Welbilt Inc.
The change is said to be part of the company’s strategic repositioning after it spun off from its former parent company, The Manitowoc Company, in March 2016.
“We are excited to announce the changing of our name to Welbilt Inc, which further strengthens our corporate identity as a stand-alone company,” said Manitowoc Foodservice’s president and CEO Hubertus M Muehlhaeuser.
The name change harks back to the company’s origins in 1929 and its formation by Henry and Alexander Hirsch as the Welbilt Stove Co. Welbilt was acquired by UK commercial kitchen equipment company Enodis in 1995 which, in turn, was acquired by Manitowoc in 2008.
“Welbilt reflects our promise and commitment to bringing innovation to the table. Rooted in the Hirsch brothers’ innovative stove in 1929, Welbilt developed to become the first company in the industry pursuing a complete systems approach,” explained Muehlhaeuser.
“The name Welbilt uniquely connects our past with our vision of the future. Our primary objective is to continue offering a complete solution for the entire kitchen with high-quality products supported by excellent service that help our customers’ kitchens reach their full potential.”
Headquartered in the Tampa Bay area, Florida, and operating 18 manufacturing facilities throughout the Americas, Europe and Asia, the company sells through a global network of over 3,000 distributors and dealers in over 100 countries. The company has approximately 5,500 employees and generated sales of $1.57bn in 2015.
Its products include Delfield refrigeration equipment, Kolpak cold stores and Manitowoc ice machines.
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https://www.coolingpost.com/world-news/manitowoc-to-separate-businesses/
