Welbilt Overview

  • Year Founded
  • 1929

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 4,800

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 5

  • Investments
  • 2

Welbilt General Information

Description

Manufacturer of food service equipment intended to serve the food service operators. The company is engaged in the designing, manufacturing, and supplying of equipment for the commercial food service market which is used by commercial and institutional food service operators including full-service restaurants, quick-service restaurant chains, hotels, resorts, cruise ships, caterers, supermarkets, convenience stores, hospitals, schools, and other institutions, thereby enabling customers with all types of food service equipment.

Contact Information

Website
www.welbilt.com
Formerly Known As
Manitowoc Foodservice, Inc., ManitowocFoodservice, Manitowoc.Foodservice, Manitowoc-Foodservice, Manitowoc Foodservice Incorporated, Manitowoc Foodservice
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 2227 Welbilt Boulevard
  • New Port Richey, FL 34655
  • United States
+1 (727)
Primary Industry
Other Commercial Products
Parent Company
Ali Group Worldwide
Vertical(s)
Manufacturing
Former Stock Listing
6M6
Corporate Office
  • 2227 Welbilt Boulevard
  • New Port Richey, FL 34655
  • United States
+1 (727)

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Welbilt Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Welbilt Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of food service equipment intended to serve the food service operators. The company is engaged in the desig
Other Commercial Products
New Port Richey, FL
4,800 As of 2021

Dietzenbach, Germany
 

Raleigh, NC
 
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Welbilt Competitors (12)

One of Welbilt’s 12 competitors is Portas, a Corporation company based in Dietzenbach, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Portas Corporation Dietzenbach, Germany
Empire Equipment Company Private Equity-Backed Raleigh, NC
Midwest Equipment Co. Corporation Fenton, MO
Angelo Po Grandi Cucine Corporate Backed or Acquired Modena, Italy
TOMRA Systems Corporation Asker, Norway
You’re viewing 5 of 12 competitors. Get the full list »

Welbilt Patents

  • 530

    Total Documents Applications and Grants

  • Total Patents Families

  • 243

    Granted

  • 40

    Pending

  • Expiring in next 12 mo

Welbilt Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
DE-102023108548-A1 Methods for handling food Active 04-Apr-2023
US-20240337539-A1 Method for handling foods Pending 04-Apr-2023
EP-4443122-A1 Method for handling food Active 04-Apr-2023
DE-102023108548-B4 Food handling procedures Active 04-Apr-2023
EP-4443122-B1 Method for handling food Active 04-Apr-2023 G01K1/024
To view Welbilt’s complete patent history, request access »

Welbilt Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Welbilt Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Welbilt Acquisitions (2)

Welbilt’s most recent deal was a Merger/Acquisition with Convotherm. The deal was made on 01-Jan-2017.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Convotherm 01-Jan-2017 Merger/Acquisition Household Appliances
Lincoln Foodservice Products 01-Jan-2008 Merger/Acquisition Household Appliances
To view Welbilt’s complete acquisitions history, request access »

Welbilt Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Lincoln Foodservice Products Fort Wayne, IN 1982
Convotherm Eglfing, Germany 1976

Welbilt FAQs

  • When was Welbilt founded?

    Welbilt was founded in 1929.

  • Where is Welbilt headquartered?

    Welbilt is headquartered in New Port Richey, FL.

  • What is the size of Welbilt?

    Welbilt has 4,800 total employees.

  • What industry is Welbilt in?

    Welbilt’s primary industry is Other Commercial Products.

  • Is Welbilt a private or public company?

    Welbilt is a Private company.

  • What is the current valuation of Welbilt?

    The current valuation of Welbilt is .

  • What is Welbilt’s current revenue?

    The current revenue for Welbilt is .

  • How much funding has Welbilt raised over time?

    Welbilt has raised $2.95B.

  • Who are Welbilt’s investors?

    Manitowoc has invested in Welbilt.

  • Who are Welbilt’s competitors?

    Portas, Empire Equipment Company, Midwest Equipment Co., Angelo Po Grandi Cucine, and TOMRA Systems are some of the 12 competitors of Welbilt.

  • When was Welbilt acquired?

    Welbilt was acquired on 29-Jul-2022.

  • Who acquired Welbilt?

    Welbilt was acquired by Ali Group Worldwide.

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