Manitowoc Foodservice completes stock exchange floatation

Manitowoc stock exchange float crop
Manitowoc president and CEO Hubertus Muehlhaeuser rang the New York Stock Exchange bell to celebrate his firm’s independence.

Manitowoc Foodservice has debuted as a standalone, publicly traded company following its spinoff from The Manitowoc Company and its sister cranes manufacturing division.

To celebrate the company’s independence, Hubertus Muehlhaeuser, president and CEO of Manitowoc Foodservice, rang the opening bell at the New York Stock Exchange on 4 March.

“For more than 70 years, we have been innovation leaders in the commercial foodservice equipment industry,” said Muehlhaeuser.

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“We carry this legacy forward as an independent company with one of the broadest portfolios of both hot and cold foodservice equipment in the industry, from ovens, fryers, steamers, grills, ranges and induction cooktops to beverage dispensing, blending, refrigeration and ice-making equipment.

“With our global footprint and leading products and systems, we are uniquely positioned to help our customers grow.”

Manitowoc Foodservice has an array of brands and released 30 new product innovations in 2015.

Its equipment has been installed in major quick service, fast casual and fine dining restaurants.

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Clare Nicholls

The author Clare Nicholls

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