Electrolux acquires SPM Drink Systems to boost beverage offer

Electrolux has acquired SPM Drink Systems, an Italian manufacturer of dispensers of frozen and hot beverages and soft ice cream, as part of a strategy to increase its presence in the hospitality industry.

Sweden-headquartered Electrolux said the “extensive product portfolio” offered by SPM Drink Systems will allow it to become a full service solution provider by expanding its current beverage offering to include a comprehensive range of products.

Together with the 2017 acquisition of Grindmaster-Cecilware in North America, the deal strengthens Electrolux’s presence in the beverage segment.

Alberto Zanata, head of Electrolux professional products, said: “We are excited and pleased to enlarge and complement our product portfolio in beverage with such an attractive, modern and well-regarded company with a strong position in Europe. This acquisition is strategic and a perfect match to bring added value to our product offering.”

SPM Drink Systems has 110 employees and last year recorded net sales of around €30 million. The company’s headquarters and main manufacturing facilities are based in Modena, Italy.

Share Button

Comments are closed