Swedish home appliance maker Electrolux said on Thursday it was buying U.S. firm Grindmaster-Cecilware, a maker of coffee machines and beverage dispensers, for $108 million in cash.

Robert Poe, chief operating officer of Grindmaster Corp., never anticipated that his business travels would land him in a Buddhist temple in Thailand. But with a manufacturing facility in that country ...

Swedish multinational home appliance manufacture Electrolux today struck a deal to buy US-based maker of coffee machines and beverage dispensers Grindmaster-Cecilware, for $108 million in cash. The ...

Cecilware Corporation, a beverage and foodservice equipment provider, announced that it acquired Grindmaster Corporation, player in the global beverage equipment industry. The new entity will be known ...

The Electrolux logo is seen during the IFA Electronics show in Berlin, Germany September 4, 2014. REUTERS/Hannibal Hanschke/File Photo STOCKHOLM (Reuters) - Swedish home appliance maker Electrolux ...

The Professional Products unit is Electrolux' most profitable business area and increasingly important as the group has made reaching a long-elusive profitability goal its top priority. The unit had ...