USA | Electrolux Professional Group has entered into an agreement to acquire the assets of Royal Range, a US Commercial Cooking company.
“The business from Royal Range provides a strategically important addition to our existing cooking platform in the US. It combines and expands our product offering with new product categories in a positive and synergistic way. By utilizing the strong sales force of Electrolux Professional, we should be able to significantly expand sales of the products from Royal Range”, said Bo Erickson, President Business Area Food Americas, Electrolux Professional.
Royal Range, founded in 1995, designs and produces cooking equipment that includes ranges, ovens, fryers and countertop cooking appliances. The company has approximately 40 employees, and is based with one factory in Eastvale, California, US.
Current owner and president of Royal Range, L. Vasan, brought his vast experience in the manufacturing and design sectors to the company in 2003.
Since Vasan purchased the company, along with its sister company Rankin-Delux, he strived to improve the quality of the products but introducing new features and developing new, specialised pieces of equipment.
The company is expected to have sales of approximately SEK 100m in 2025, and an EBITA margin that is accretive to the EBITA-margin target of 15 percent of Electrolux Professional Group. The purchase price is not disclosed. The acquisition is expected to close in the first quarter of 2026.
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