Fort Lauderdale, FL – May 14, 2013 – The Legacy Companies today announced it has completed the acquisition of controlling interest in KOLD-DRAFT, headquartered in Erie, PA.
KOLD-DRAFT, a leader in the manufacturing of a wide-range of commercial ice machines for hotels, restaurants, bars, hospitals and institutions brings a unique combination of ice making technology and engineering services supporting the overall growth strategy of The Legacy Companies.
“The acquisition of KOLD-DRAFT is an important day at our Company,” said Neal Asbury, CEO of The Legacy Companies. “KOLD-DRAFT is a legacy brand name in ice machinery and this acquisition opens up new opportunities and supports our positioning as a leader in the commercial food service industry.”
KOLD-DRAFT is most well-known for producing the “Best Ice in the World”—pure, sparkling, and perfectly shaped due to a water control system, water plate assembly, and exclusive upside-down horizontal evaporator.
Pat Black, the President of Erie Management Group, stated “The opportunity to join forces with The Legacy Companies has made it possible to take KOLD-DRAFT to a new level, while at the same time preserving a historic Erie business. We are very excited about the future of this new company.”
The Legacy Companies plans to expand KOLD-DRAFT’s offering on a global scale; domestically through The Legacy Companies and internationally through Greenfield WorldTrade.
About The Legacy Companies
The Legacy Companies is a leading food service and consumer products company that designs, manufactures and markets, nationally and internationally, a diverse portfolio of products under world-class brands such as Blakeslee®, Excalibur® Food Dehydators, General®, Greenfield WorldTrade, Maxximum®, Omega® Beverage Equipment and Zeroll® Small-wares. The Legacy Companies is headquartered in Fort Lauderdale, FL. More information can be found on the Web at www.TheLegacyCompanies.com.
Since 1955, KOLD-DRAFT has been manufacturing ice machines that make the only true “square cube,” utilizing their exclusive “upside-down” horizontal evaporator ice-making system. KOLD-DRAFT machines produce pure, solid, sparkling ice that cools faster, melts slower, and doesn’t distort the taste of beverages. KOLD-DRAFT machines have a long life cycle and a three-year warranty on all parts and labor, making them one of the least expensive to own. More information can be found on the Web at www.kold-draft.com.
Media Contact: Teresa Asbury or Meagan Bradley at (954) 202.7419 or firstname.lastname@example.org.