Through its subsidiaries Ali Group 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.
JIPA’s product line, the JIPA JUMP, performs a variety of cooking functions including pressure cooking, frying, braising, grilling and sous vide. Terms of the transaction were not disclosed.
The acquisition aligns with Ali Group’s commitment to providing ‘state-of-the-art’ solutions that meet the evolving needs of the foodservice industry.
Filippo Berti, chairman and chief executive of Ali Group, said: “Welcoming JIPA into the Ali Group strengthens our leadership in the global commercial foodservice equipment industry.
“JIPA’s expertise in electronic multifunction devices broadens our capabilities and adds new dimensions to how we serve the market. Their highly respected brand complements our existing portfolio and expands Ali Group’s global reach.”