Broan-NuTone, LLC, Announces Sale of Best Kitchen Ventilation EMEA Business to Electrolux Group

HARTFORD, Wis., July 7, 2017 /PRNewswire/ -- Today, Broan-NuTone, LLC announced the sale of the Best Kitchen Ventilation EMEA Business to Electrolux Group. Completion of the sale is expected during the third quarter of this year pending all regulatory approvals.

As part of the sale, Electrolux will acquire the Best manufacturing facilities located in Cerreto d' Esi Italy and Zabrze, Poland as well as the rights to design and market the Best brand of kitchen ventilation products in EMEA.

Broan-NuTone, LLC, will continue to design, manufacture and market the Best brand of Kitchen Ventilation products in North America.

"While we are sad to part ways with our Best EMEA employees and business, we know Electrolux will continue the great tradition and investment of the Best brand in their markets. The Best brand will continue to be an important part of our portfolio and we look forward to continuing to serve our customers and consumers in North America," says Frank Carroll, CEO Broan-NuTone, LLC.

ABOUT Broan-NuTone, LLC
Broan-NuTone, LLC is North America's leading manufacturer and distributor of residential ventilation products including range hoods, ventilation fans, heater/fan/light combination units, balanced ventilation systems (IAQ), built-in heaters, attic ventilators. NuTone®, a registered trademark of BROAN® LLC, manufactures and distributes residential built-in convenience products including door chimes, central vacuum systems, ceiling fans, intercom systems, ironing centers and ventilation fans. BROAN® LLC is proud to be an ENERGY STAR® partner.

SOURCE Broan-NuTone, LLC