Epta makes its entry in the north and central American markets with the acquisition of Kysor Warren
02 Apr 2019
02 Apr 2019
Epta S.p.A. has acquired Kysor Warren - the third-largest US manufacturer of refrigerated display cases and compressorized systems for commercial refrigeration, which has been operating for more than 135 years - previously as a part of Heatcraft Worldwide Refrigeration, Lennox International Inc.’s refrigeration business. This acquisition will result in the creation of the new company Kysor Warren Epta US Corp.
The transaction is in line with Epta’s expansion strategy, which aims to grow through a combination of organic expansion on one side, supported by a broad product and service offering, with continuous investments in innovation and efficiency, and M&A on the other, with acquisitions of leading brands in their respective countries.
Marco Nocivelli, President and CEO of Epta states: “The establishment of Kysor Warren Epta US Corp. is a milestone for the Group. We have risen to the challenge and we are ready to enter a geographical area that is highly competitive, innovative and with significant numbers: North and Central America are worth over one third of the world refrigeration market.” He continues “This operation will allow us to accelerate our growth plans thanks to the reputation of the Kysor Warren brand that boasts a prominent role nationally, innovative natural refrigerant systems such as those operating with CO2, structured and efficient production facilities and a strong team of motivated experts.”
Parke Adamson, General Manager of Kysor Warren states: “Epta and Kysor Warren have a shared vision and highly compatible cultures, founded on similar values, such as quality, sustainability, innovation, design and efficiency. The across-the-board skills of the Epta Group and its know-how in the development of natural refrigerant systems will dovetail with our long-established experience serving North American Retailers. This is a synergy that will further strengthen the Kysor Warren brand, which will allow us to grasp, with renewed strength, the opportunities in a dynamic, continuously evolving market.”