Manitowoc Foodservice Inc. President and CEO Hubertus Muehlhaeuser rang Wall Street’s traditional NYSE Opening Bell today to commemorate the firm’s status as an independent publicly traded company, the company announced from New Port Richey, Florida.
Following a spinoff from its parent company — The Manitowoc Company Inc. — Manitowoc Foodservice Inc. now marches forth as a stand-alone corporation.
Cindy Egnotovich, Manitowoc’s board chair, and world-famous Chef Daniel Boulud joined Muehlhaeuser and the company’s executive leadership team for the special occasion.
“For more than 70 years, we have been innovation leaders in the commercial food service equipment industry,” Muehlhaeuser said. “Today we carry this legacy forward as an independent company with one of the broadest portfolios of both hot and cold food service equipment in the industry, from ovens, fryers, steamers, grills, ranges and induction cooktops to beverage dispensing, blending, refrigeration and ice-making equipment. With our global footprint and leading products and systems, we are uniquely positioned to help our customers grow.”
With a cache of well-known brands, the Tampa-based business introduced 30 new products in 2015 alone. Manitowoc Foodservice designs, manufactures and delivers top-grade food and beverage equipment for commercial clients, including consultation and support service. It has won numerous industry awards from the National Restaurant Association and has maintained status as an Energy Star Partner for the past six years.