ArentFox Schiff Represents BUNN in Acquisition by Ali Group
ArentFox Schiff served as legal adviser to BUNN, formerly known as Bunn-O-Matic Corporation, in the company’s acquisition by Ali Group, a global leader in the foodservice equipment industry.
BUNN joined Ali Group’s global portfolio and will operate as part of the Welbilt® portfolio in North America. The deal was completed on March 12.
BUNN was founded in Springfield as a grocery store in 1840 by Jacob Bunn. The company grew into a wholesale grocer, and, in 1963, Bunn-O-Matic Corporation became its own separate entity in the beverage dispensing equipment business, specializing in home and commercial coffee machines.
The Ali Group is a Chicago-headquartered global corporation overseeing more than 115 global brands with operations in over 30 countries. Through its subsidiaries, the company designs, manufactures, markets and services a broad line of commercial and institutional foodservice equipment used by major restaurant and hotel chains, independent restaurants, hospitals, schools, airports, correctional institutions and canteens.
The AFS team included Corporate & Securities Practice Leader David McHugh and Partner Sara Rosenberg.
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