DECEMBER 31, 2021
Henderson, NV; and Fort Lauderdale, FL. (December 31, 2021) – Greenfield World Trade, Inc. d/b/a The Legacy Companies (“Legacy”), a leading consumer products and food service equipment provider, today announced that it has successfully closed on its agreement to acquire the assets of Vinotemp Corporation of Henderson, Nevada. Terms of the transaction were not disclosed.
Neal Asbury, Legacy’s President and Chief Executive Officer, stated: “We are very pleased to welcome Vinotemp into The Legacy Companies. The Vinotemp acquisition is strategically important to us as it enhances and strengthens our position in the premium consumer appliance market segment. The Vinotemp end markets and customer base are highly complementary to our existing businesses with the potential to further expand key account relationships and capitalize on cross selling opportunities. This acquisition brings the addition of very strong and well-recognized brands that compliment those of The Legacy Companies.”
Commenting on the transaction, India Hynes, President and CEO of Vinotemp Corporation, stated: “We are excited to join a global leader that provides a strong foundation for our continued growth. The Legacy Companies offers us the opportunity to leverage a broader geographic presence, engineering expertise, complementary product offerings and customer relationships. I believe Legacy’s stewardship and complementary businesses will be very beneficial to both customers and employees of Vinotemp.”
“We look forward to welcoming the Vinotemp team to our company,” concluded Asbury.
Kramer Levin Naftalis & Frankel LLP (New York, NY) acted as legal advisors for The Legacy Companies. Howard & Howard Attorneys PLLC (Las Vegas, NV) acted as legal advisors to Vinotemp Corporation.
About The Legacy Companies
The Legacy Companies, a privately-owned company, is a leading consumer products and food service equipment provider that designs, manufactures, distributes and markets, nationally and internationally, a diverse portfolio of products under world-class brands such Avanti®, Back to Basics®, Bevles®, Blakeslee®, ChefsChoice®, EdgeCraft®, Excalibur®, General®, Greenfield World Trade, Maxx Cold®, Maxx Ice®, Maxx Scientific®, Omega®, Vinturi®, WestBend®, Yonanas® and Zeroll®. The Legacy Companies is headquartered in Fort Lauderdale, Florida.
For more information on The Legacy Companies, visit www.TheLegacyCompanies.com
About Vinotemp Corporation
Founded in 1985, Vinotemp Corporation has been designing, manufacturing, distributing, and marketing wine refrigeration and beverage cooling equipment, commercial wine cabinets and wine storage systems, wine cellar refrigeration and humidity systems, high-end consumer refrigerators and cooking ranges and outdoor consumer appliances under the brands Vinotemp®, Wine-Mate®, Epicureanist® and Brama®. The operations of Vinotemp Corporation are in Henderson, Nevada.
For more information on Vinotemp products and services, visit www.vinotemp.com