Enodis Acquires Fabristeel

NEW PORT RICHEY, Fla.­–Enodis plc, a leading global food and beverage equipment manufacturer, announces a further milestone in its Asian expansion with the acquisition of 100 percent of the Fabristeel group of companies (“Fabristeel”).
 
Led by an experienced and capable management team, Fabristeel is an excellent fit for Enodis.  Headquartered in Singapore, Fabristeel manufactures hot and cold foodservice equipment, including customized solutions, for the hotel, quick service and institutional markets at ISO 9001-certified plants in Singapore and China (Guangzhou).  With an extensive service and distribution network in more than 10 countries, and sales offices in Shanghai, Beijing and Malaysia, it is well-placed to win new business and to support major key accounts. Its customers throughout China and Asia Pacific include the fastest growing US-based QSR chains, Singapore Airlines In-flight Catering Centres, the Raffles City Hotel Singapore and the Marriott Hotel in Hyderabad, India.
 
Fabristeel has built a solid reputation in the project sector.  Having established relationships with US and local QSR chains, as well as dedicated service operations, Fabristeel significantly expands Enodis’ manufacturing, distribution and service capabilities in the Asia Pacific region.  Its strong purchasing and sourcing function will also add to group capabilities.
 
Commenting on the acquisition, Dave McCulloch, CEO of Enodis said:
 
“The acquisition of Fabristeel is a key step in our strategy of building our presence in the fast growing Asian market.  Leveraging the Fabristeel platform along with our existing infrastructure and service networks will allow faster deployment of our global brands into new market segments.  At the same time, Fabristeel enhances our capability to support our existing and new customers­particularly international chains.  We look forward to working with the Fabristeel management to bring significant value to the group.” 
 
Enodis plc (www.enodis.com) is a worldwide company focused on the design, manufacture, and supply of food equipment.  Through its two operating groups, Global Food Service Equipment and Food Retail Equipment, it has 27 factories in 8 countries and a large portfolio of premium brands, including Delfield, Scotsman, Frymaster, Lincoln, Cleveland, Garland, US Range, ICE-O-Matic, Jackson, Merco Savory, Dean, Varimixer, and Merrychef in foodservice, and Kysor/Warren and Kysor Panel Systems in food retail equipment.