M&A Deal Summary

Ali Group Acquires Welbilt

On April 21, 2021, Ali Group acquired machinery company Welbilt for 4.8B USD

Acquisition Highlights
  • This is Ali Group’s 1st transaction in the Machinery sector.
  • This is Ali Group’s largest (disclosed) transaction.
  • This is Ali Group’s 1st transaction in the United States.
  • This is Ali Group’s 1st transaction in Florida.

M&A Deal Summary
Date 2021-04-21
Target Welbilt
Sector Machinery
Buyer(s) Ali Group
Deal Type Add-on Acquisition
Deal Value 4.8B USD
Advisor(s) Morgan Stanley (Financial)
Gibson, Dunn & Crutcher (Legal)

Target

Welbilt

New Port Richey, Florida, United States
website
Welbilt is a provider of top chefs, premier chain operators, and growing independents with industry-leading equipment and solutions. Welbilt was founded in 1902 and is based in New Port Richey, Florida.

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Buyer(S) 1

Buyer

Ali Group

Milan, Italy

website

Category Company
Founded 1963
Sector Machinery
DESCRIPTION

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. Ali Group was formed in 1963 and is based in Milan, Italy.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal