Mergers & Acquisitions Mergers & Acquisitions

Ali Group wins EU clearance to buy kitchen supplier Welbilt on condition of ice-machines divestment

By Tono Gil
  • 17 Jun 2022 14:52
  • 17 Jun 2022 14:52
Ali Group, an Italian food-services business, today won European Commission clearance for its takeover of US rival Welbilt, subject to the divestiture of Welbilt’s ice-making machine business. 

The EU antitrust regulator was concerned that the combined entity would become the largest maker and supplier of ice-making machines in Europe and would have faced

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