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Ali Group acquires foodservice manufacturer and supplier, InterMetro

21st Sep 2015 - 09:24
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Ali Group, the largest foodservice equipment manufacturer in the world, has closed an agreement to acquire InterMetro Industries Corporation and its subsidiaries.

InterMetro is the world’s leading manufacturer and supplier of storage and transport products in the foodservice, commercial products and healthcare industries. Ali Group acquired the business from engineering and technology company, Emerson.

Luciano Berti, Ali Group’s Chairman and Chief Executive Officer, stated: “We are very pleased to welcome InterMetro into the Ali Group. The Metro acquisition is strategically important to our Group as it strengthens our position as leader in the global commercial foodservice equipment industry.

“InterMetro’s leadership in the storage solutions sector opens new opportunities for Ali Group and adds a new dimension to our ability to serve the foodservice equipment market. The addition of very strong and well recognized brands to those of the Group increases Ali’s global presence and visibility.”

John Nackley, president and CEO of InterMetro Industries Corporation, said: ““We are excited to have become part of the Ali Group and look forward to working closely with Luciano and Filippo Berti and the rest of the management team to expand their extensive offering to the markets we serve globally.

“We were fortunate to have been an integral part of Emerson and will move forward well prepared to continue our excellent record of profitable growth.”

Ali Group, founded in 1963, designs, manufactures, markets and services a range of commercial and institutional foodservice equipment used by major restaurant and hotel chains, independent restaurants, hospitals, schools, airports, correctional institutions and cafeterias.

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Written by
PSC Team