Ali Group Acquires Welbilt

July 14, 2021

Ali Holding S.r.l. (Ali Group) agreed to acquire Welbilt, Inc. in an all-cash deal valued at $24.00 per share (approximately $3.5 billion equity value and $4.8 billion enterprise value). After regulatory steps including divesting the Manitowoc Ice brand, Ali Group completed the acquisition in July 2022, and Welbilt’s shares ceased trading on the NYSE.

Buyers
Ali Holding S.r.l., Ali Group North America Corporation, Ascend Merger Corp.
Targets
Welbilt, Inc.
Location
Florida, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Build a buyer list for your deal

Find active buyers from recent acquisition patterns and move straight into outreach.