About the Company
Welbilt, Inc. provides the world's top chefs, premier chain operators and growing independents with industry-leading equipment and solutions. Its innovative products and solutions are powered by our deep knowledge, operator insights, and culinary expertise. Welbilt portfolio of award-winning product brands includes Cleveland™, Convotherm®, Crem®, Delfield®, Frymaster®, Garland®, Kolpak®, Lincoln®, Manitowoc® Ice, Merco®, Merrychef® and Multiplex®. These product brands are supported by three service brands: KitchenCare®, our aftermarket parts and service brand, FitKitchen®, our fully-integrated kitchen systems brand, and KitchenConnect®, cloud-based digital platform brand. Headquartered in the Tampa Bay region of Florida and operating 20 manufacturing facilities throughout the Americas, Europe and Asia, Welbilt sells through a global network of over 5,000 distributors, dealers, buying groups and manufacturers' representatives in over 100 countries. The Company has approximately 4,500 employees and generated sales of $1.6 billion in 2019.
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
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Latest $WBT News
Welbilt to Be Acquired by Middleby for $2.9B, Shares Rise
Shares of Welbilt, the producer of kitchen and restaurant equipment, leaped after the company agreed to be acquired by peer Middleby. The deal has an enterprise value of $4.3 billion. The New ...
Middleby Expects Welbilt Deal to End, Sees $110M Termination Fee
Middleby says it is entitled to a $110 million termination fee from Welbilt, as Welbilt agrees to Ali Group offer. Welbilt said it had accepted a larger offer from an Italian firm, Ali Group.
Welbilt KitchenConnect Launches the Largest Smart Restaurant Ecosystem for the Foodservice Industry
Welbilt, Inc. (NYSE:WBT), a leading provider of commercial equipment and cloud device management for the foodservice industry, is proud to announce today the launch of the Largest Smart Restaurant ...
Welbilt KitchenConnect and HCL Technologies Join Forces to Offer a Secured Cloud Solution for The Food Industry Built Using Microsoft Azure IoT
Welbilt, Inc. (NYSE: WBT), a leading provider of commercial foodservice equipment, announced today that it will integrate Microsoft Azure Sphere to upgrade security in its KitchenConnect ...
Why Japan’s stock market could keep soaring — plus three stock picks there
These include robots used on Tesla Inc. assembly lines ... or 17 times Ebitda” paid by Ali Group in July 2022 to acquire Welbilt, a Florida-based competitor of Hoshizaki. Mitsubishi Electric ...
Food Holding and Warming Equipment Market Growth: Industry worth US$ 6.7 billion by 2033
The Food Holding and Warming Equipment Market is forecast to reach US$ 4.9 Billion by the year 2023, with a projected CAGR of 3.2% between 2023 and 2033. This growth is primarily driven by the ...
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