Electrolux Professional Group to acquire assets of Royal Range.

Electrolux Professional Group, a global provider of professional food, beverage and laundry solutions, agreed to acquire assets of Royal Range. Financial terms are not disclosed. "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", Bo Erickson, Electrolux Professional President Business Area Food Americas.