Manitowoc Foodservice, a leading global supplier of commercial foodservice equipment, announced that it is rebranding the company, its logo and its brand identity to Welbilt, Inc. The ticker symbol will change to “NYSE:WBT” on March 6, 2017. The new name and brand represents a long-standing commitment to put customers’ needs first. The change is part of the company's strategic repositioning after it spun off from its former parent company, The Manitowoc Company, in March 2016.
“We are excited to announce the changing of our name to Welbilt, Inc, which further strengthens our corporate identity as a stand-alone company,” said Hubertus M Muehlhaeuser, President and CEO of Manitowoc Foodservice, “Welbilt reflects our promise and commitment to bringing innovation to the table. Rooted in the Hirsch brothers’ innovative stove in 1929, Welbilt developed to become the first company in the industry pursuing a complete systems approach. Our primary objective is to continue offering a complete solution for the entire kitchen with high-quality products supported by excellent service that help our customers’ kitchens reach their full potential.”
Josef Matosevic, Chief Operating Officer commented, “Welbilt is synonymous with great quality and reliability in everything we do. We have significantly improved our operations to live up to that promise.
"Finally, we are intelligently connected and create seamless solutions in the kitchen to get the highest operator benefits and help our customers achieve the return on their investment faster,” he further added.
"Finally, we are intelligently connected and create seamless solutions in the kitchen to get the highest operator benefits and help our customers achieve the return on their investment faster,” he further added.
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