Alston & Bird Leads Ali Group In Deal For Ice Machine Co.

Law360, New York (November 6, 2012, 8:57 PM EST) -- Private equity house Warburg Pincus LLC inked a deal to transfer ownership of Illinois-based Scotsman Industries Inc., the world's largest commercial ice machine maker, to Italian food service conglomerate Ali Group SpA, the target announced Tuesday.

Milan-headquartered Ali gains control of Scotsman's five manufacturing facilities and 10-office sales network, as well as a servicing unit that encompasses 5,000 technicians in more than 100 countries worldwide, according to the ice machine manufacturer.

"We are excited to join the Ali Group and look forward to working closely with...
To view the full article, register now.