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Ali Group Completes Acquisition Of Welbilt

Jul 29, 2022over 3 years ago

Acquiring Company

Ali Group

Acquired Company

Welbilt

HospitalityFood And BeverageManufacturing

Description

Ali Holding S.r.l. (“Ali Group”), one of the largest and most diversified global leaders in the foodservice equipment industry, today announced that it has completed its previously announced acquisition of Welbilt, Inc.

Company Information

Company

Ali Group

About

Founded in 1963, Ali Group is an Italian corporation with headquarters located in Milan, Italy, and North American operations based in Chicago, Illinois. Through its subsidiaries, the company designs, manufactures, markets and services a broad line of commercial and institutional foodservice equipment used by major restaurant and hotel chains, independent restaurants, hospitals, schools, airports, correctional institutions and canteens. Ali Group and its 95 global brands employ approximately 14,000 people in 34 countries and, in terms of sales, is one of the world’s largest and most diversified global leaders in the foodservice equipment industry. It has 75 manufacturing facilities in 17 countries and sales and service subsidiaries throughout Europe, North America, South America, the Middle East and Asia Pacific. For more information on Ali Group products and services, visit www.aligroup.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed