Ali Group, a global company in the foodservice equipment industry, announced that it has successfully closed on its agreement to acquire KOLD-DRAFT® International from The Legacy Companies based in Fort Lauderdale, Fla. Terms of the transaction were not disclosed.
Filippo Berti, Ali Group’s Chairman, and Chief Executive Officer stated, “We are very pleased to welcome KOLD-DRAFT into the Ali Group. The KOLD-DRAFT acquisition is strategically important to our Group as it strengthens our position as a leader in the global commercial foodservice industry. This latest acquisition provides us with one of the industry’s most unique and well-known ice shapes and further enhances our portfolio in the ice machine segment. The addition of very strong and well-recognized brands to those of the Group increases Ali’s global presence and visibility.”