Manitowoc cites ongoing consolidation in food service equipment industry

Manitowoc's CEO framed the Harford acquisition as part of an ongoing consolidation trend in the food service equipment industry, signaling a strategy of pursuing further consolidating acquisitions.

““As the food service equipment industry continues to consolidate, we will pursue opportunities that increase Manitowoc’s position as one of the world’s leading manufacturers of food-cooling products,” stated Terry D. Growcock, president and ceo of Manitowoc.”

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