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Scotsman Industries Purchased by Warburg Pincus

VERNON HILLS, Ill. - The Enodis global ice machine business announced the completion of its sale to affiliates of Warburg Pincus, a global private equity firm. With more than 50 years of history in the commercial ice machine and refrigeration business, Scotsman Industries Inc. will become the official name of the new holding company for all of the assets of the former Enodis global ice machine business including six factories in the United States, Italy, and China. All of the company’s brands, which include Scotsman, Ice-O-Matic, Simag, Barline, Icematic, Tecnomac, and Oref, will continue to operate as they have in the past, with no change to sales, distribution, and service.

“This is an important day in the history of our company,” said David McCulloch, Scotsman Industries’ chairman and CEO. “We are excited about the purchase of the company by Warburg Pincus, and we look forward to partnering with their highly experienced team to take our company to the next level.”

For more information, visit www.warburgpincus.com.

Publication date: 06/01/2009

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