Ali Group Acquires InterMetro Industries

Ali Group, parent company of 76 global foodservice equipment brands, announced September 17 that it has closed on its agreement to acquire InterMetro Industries and its subsidiaries, including Metro, from Emerson. Terms of the transaction were not disclosed.

In announcing the acquisition, Luciano Berti, Ali Group’s Chairman and CEO, stated: “The Metro acquisition is strategically important to our Group as it strengthens our position as leader in the global commercial foodservice equipment industry. InterMetro’s leadership in the storage-solutions sector opens new opportunities and adds a new dimension to our ability to serve the foodservice equipment market. The addition of very strong and well-recognized brands to those of the Group increases Ali’s global presence and visibility,” Berti added.

“We are excited to have become part of the Ali Group and look forward to working closely with Luciano and Filippo Berti and the rest of the management team to expand their extensive offering to the markets we serve globally,” said John Nackley, President/CEO of InterMetro Industries. “We were fortunate to have been an integral part of Emerson and will move forward well-prepared to continue our excellent record of profitable growth.”

The Ali Group, headquartered in Milan, Italy, has its North American operations based in Chicago. The company has 55 manufacturing facilities in 14 countries and sales and service subsidiaries throughout Europe, North America, South America, the Middle East and Asia Pacific.

InterMetro has been manufacturing storage, transport and technology solutions for the foodservice, healthcare and commercial products markets for more than 86 years. It had been a business unit of St. Louis-based Emerson since 1997.

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