$WBT News

Last published 4y ago

4y agoPNR WBTPentair Completes Transaction to Acquire Manitowoc IceBusiness WireComplementary acquisition enhances Commercial Water Solutions business; delivers total water management solutions for foodservice and hospitality customers Pentair plc (NYSE:PNR), a leading provider of water treatment and sustainable solutions, today
4y agoWBTWelbilt KitchenConnect Launches the Largest Smart Restaurant Ecosystem for the Foodservice IndustryBusiness WireWelbilt, Inc. (NYSE:WBT), a leading provider of commercial equipment and cloud device management for the foodservice industry, is proud to announce today the launch of the Largest Smart Restaurant Ecosystem. The ecosystem is powered by the biggest digit
4y agoT WBTAT&T and Welbilt to Showcase Connected Kitchen at National Restaurant Association Show in Collaboration with MicrosoftPR NewswireIndustry leaders collaborating to transform restaurant operations CHICAGO, May 19, 2022 /PRNewswire/ -- As restaurant operators seek to accelerate their digital transformation in response to labor challenges, changing consumer behaviors, and increasing
4y agoWBTWelbilt Reports 2022 First Quarter Operating ResultsBusiness WireWelbilt, Inc. (NYSE:WBT), today announced financial results for its 2022 first quarter. Due to the announced and pending sale of Welbilt's Manitowoc® Ice business to Pentair plc, the results for Manitowoc Ice are presented as Discontinued Operations in
4y agoPNR WBTWelbilt Announces the Sale of Manitowoc IceBusiness WireWelbilt, Inc. (NYSE:WBT) today announced that it has entered into a definitive agreement to sell its Manitowoc® Ice business ("Manitowoc Ice") to Pentair plc (NYSE:PNR) for approximately $1.6 billion in cash, on a cash free and debt free basis, subject
4y agoPNR WBTPentair Announces Definitive Agreement to Acquire Manitowoc IceBusiness WireHighly complementary offering to expand Water Solutions platform, enhance value proposition for customers and provide an additional springboard for growth Strategically expands Pentair's commercial water solutions platform and will accelerate growt
4y agoWBTWelbilt Reports 2021 Fourth Quarter Operating ResultsBusiness WireWelbilt, Inc. (NYSE:WBT), today announced financial results for its 2021 fourth quarter. 2021 Fourth Quarter Highlights (1) Net sales were $423.0 million, an increase of 32.2 percent from the prior year; Organic Net Sales (a non-GAAP measure) in
5y agoWBTWelbilt KitchenConnect and HCL Technologies Join Forces to Offer a Secured Cloud Solution for The Food Industry Built Using Microsoft Azure IoTBusiness WireWelbilt, Inc. (NYSE:WBT), a leading provider of commercial foodservice equipment, announced today that it will integrate Microsoft Azure Sphere to upgrade security in its KitchenConnect® internet-connected equipment and will host the solution on Micros
5y agoWBTWelbilt Reports 2021 Third Quarter Operating ResultsBusiness WireWelbilt, Inc. (NYSE:WBT), today announced financial results for its 2021 third quarter. 2021 Third Quarter Highlights (1) Net sales were $411.5 million, an increase of 37.9 percent from the prior year; Organic Net Sales (a non-GAAP measure) incr
5y agoWBTWelbilt Provides Update on Acquisition by Ali GroupBusiness WireWelbilt, Inc. (NYSE:WBT) announced that the proposal to adopt and approve the Merger Agreement with Ali Holding S.r.l., Ali Group North America Corporation and Ascend Merger Corp. (collectively "Ali Group") was approved today by Welbilt stockholders wit
5y agoWBTWelbilt Announces the Passing of Executive Vice President and Chief Innovation Officer Richard N. "Rick" CaronBusiness WireWelbilt, Inc. (NYSE:WBT), announced today that Richard N. "Rick" Caron, Executive Vice President and Chief Innovation Officer, passed away on September 2nd following a brief non-Covid related illness. Mr. Caron, 65, served as the head of innovation and
5y agoWBTDemand for Efficient Order Handoff Inspires OrderHQ™ LockersPR NewswireMASON, Ohio, Sept. 1, 2021 /PRNewswire/ -- Apex Order Pickup Solutions, a leading global provider of self-serve automated pickup solutions for use in foodservice, retail and b-to-b ecommerce, and Welbilt, Inc. (NYSE:WBT), a leading global provider of co
5y agoWBTPerfect Company Launches ProMeasure™ Solution to Help Foodservice and Restaurant Kitchens Control Food Cost, Reduce Waste and Improve Crew SatisfactionGlobeNewswireVANCOUVER, Wash., Aug. 16, 2021 (GLOBE NEWSWIRE) -- Perfect Company, a leading provider of technology solutions addressing operational challenges for the restaurant and hospitality industries, announced today the launch of Perfect ProMeasure™. Perfec
5y agoAGCO BLDP CNHI MTW+2Ballard Appoints New Board MemberPR NewswireVANCOUVER, BC, Aug. 5, 2021 /PRNewswire/ - Ballard Power Systems (NASDAQ:BLDP) (TSX:BLDP) today announced that, effective August 5, 2021, the Company has appointed Mr. Hubertus Muehlhaeuser to the Company's Board of Directors.
5y agoWBTWelbilt Reports 2021 Second Quarter Operating ResultsBusiness WireWelbilt, Inc. (NYSE:WBT), today announced financial results for its 2021 second quarter. 2021 Second Quarter Highlights (1) Net sales were $395.6 million, an increase of 92.0 percent from the prior year; Organic Net Sales (a non-GAAP measure) in
5y agoWBTWelbilt, inc (WBT) Q2 2021 Earnings Call TranscriptEarnings Call TranscriptsWBT earnings call for the period ending June 30, 2021.
5y agoWBTWelbilt Announces Details for 2021 Second Quarter Earnings Call and WebcastBusiness WireWelbilt, Inc. (NYSE:WBT), announced today that it will host a live conference call to share prepared comments related to its 2021 second quarter earnings on Tuesday, August 3 at 10:00 am ET. The company will issue a pre-market earnings announcement the
5y agoWBTAli Group and Welbilt Announce Definitive Merger AgreementBusiness WireWelbilt Shareholders to Receive $24.00 per Share in Cash Ali Holding S.r.l. ("Ali Group"), one of the largest and most diversified global leaders in the foodservice equipment industry, and Welbilt, Inc. (NYSE:WBT) today announced that they have enter
5y agoMIDD WBTMiddleby Will Not Increase Offer to Acquire WelbiltBusiness WireMiddleby Intends to Allow Merger Agreement to Terminate $110 million Termination Fee to be Paid to Middleby Middleby Remains Committed to Long-Standing M&A Strategy The Middleby Corporation (NASDAQ:MIDD) ("Middleby") today announced that,
5y agoMIDD WBTWelbilt Board Determines That Revised Proposal From Ali Group Is a "Company Superior Proposal"Business WireWelbilt (NYSE:WBT) today announced that the Welbilt Board of Directors, in consultation with its legal and financial advisors, has determined that the revised unsolicited proposal (the "Revised Unsolicited Proposal") from Ali Holding S.r.l. constitutes
5y agoBHTG CCXI CLOV RIG+1Thinking about buying stock in Clover Health, Transocean, ChemoCentryx, BioHiTech Global, or Welbilt?PR NewswireNEW YORK, July 6, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CLOV, RIG, CCXI, BHTG, and WBT. To s
5y agoWBTWelbilt Confirms Receipt of Revised Proposal From Ali GroupBusiness WireWelbilt, Inc. (NYSE:WBT) today confirmed that it has received a revised unsolicited proposal (the "Revised Unsolicited Proposal") from Ali Holding S.r.l. to acquire all of the outstanding shares of Welbilt common stock for $24 per share in cash, an incr
5y agoWBTAli Group Submits Binding All-Cash Proposal to Acquire Welbilt for $24.00 Per ShareBusiness WireRepresents 53.6% Premium to Welbilt's Unaffected Share Price and 11.4% Premium to the Implied Value of the Middleby Transaction as of July 2, 2021 Fully Financed Transaction with Clear Path to Completion Ali Group Looks Forward to Promptly Enterin
5y agoMS GS MIDD WBTWelbilt Board Says Ali Group Bid May Lead to Superior OfferBloomberg
5y agoMIDD WBTMiddleby Comments on Ali Group's Unsolicited and Non-Binding Indication of Interest to Acquire WelbiltBusiness WireMiddleby believes its proposal to merge with Welbilt provides a superior offer compared to Ali Group's unsolicited non-binding indication of interest The unsolicited indication from Ali Group is both opportunistic and highly conditional with signi
5y agoMIDD WBTAli Group Confirms Proposal to Acquire WelbiltBusiness WireIn response to media reports, Ali Holding S.r.l. ("Ali Group"), one of the largest and most diversified global leaders in the foodservice equipment industry, today confirmed that on May 25, 2021, it submitted to the Board of Directors of Welbilt, Inc. (
5y agoWBTWelbilt Reports 2021 First Quarter Operating ResultsBusiness WireWelbilt, Inc. (NYSE:WBT), today announced financial results for its 2021 first quarter. 2021 First Quarter Highlights (1) Net sales were $316.8 million, a decrease of 3.7 percent from the prior year; Organic Net Sales (a non-GAAP measure) decrea
5y agoWBTWelbilt, Inc. (WBT) Q1 2021 Earnings Call TranscriptEarnings Call TranscriptsWBT earnings call for the period ending March 31, 2021.
5y agoWBTWelbilt Partners With Nuovair to Supply the Most Powerful Blast Chiller in North AmericaBusiness WireWelbilt, Inc. (NYSE:WBT), a leading global provider of commercial foodservice equipment, is proud to be the exclusive distributor in the United States and Canada of roll-in blast chillers from Nuovair, the Italy-based specialists in high-quality blast c
5y agoWBTWelbilt Unveils High-Performance Portable Air PurifierBusiness WireWelbilt, Inc. (NYSE:WBT), a leading global provider of commercial foodservice equipment, is delighted to act as exclusive US distributor for AeroTherm™, a new portable air purifier Powered by Trotec and crafted by Welbilt with touchscreen user interfa
5y agoWBTWelbilt Announces Details for 2021 First Quarter Earnings Call and WebcastBusiness WireWelbilt, Inc. (NYSE:WBT), announced today that it will host a live conference call to discuss its 2021 first quarter earnings on Thursday, May 6 at 10:00 am ET. The company will issue a pre-market earnings announcement the same day. Institutional invest
5y agoNFLX NCLH ISRG CSX+7Stocks making the biggest moves midday: Netflix, Norwegian Cruise Line, Intuitive Surgical and moreCNBCThese are the stocks posting the largest moves in midday trading.
5y agoCTXR ERIC OBSV OCGN+1Thinking about buying stock in Welbilt, Ocugen, Obseva, Ericsson, or Citius Pharmaceuticals?PR NewswireNEW YORK, April 21, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for WBT, OCGN, OBSV, ERIC, and CTXR. T
5y agoVZ WBT MIDD ANTM+12Stocks making the biggest moves in the premarket: Welbilt, Netflix, Intuitive Surgical & moreCNBCThe stocks making the biggest moves in premarket trading include Welbilt, Netflix, Intuitive Surgical, and more.
5y agoMIDD WBTThe Middleby Corporation to Acquire Welbilt, Inc.Business WireCombination will create a premier food equipment company with a leading commercial foodservice portfolio Combined business is well positioned to deliver enhanced value for customers through complementary, best-in-class products, unmatched service
5y agoWBTWelbilt Promotes Leonard Lam to Senior Vice President and Managing Director, Asia PacificBusiness WireNEW PORT RICHEY, Fla.--(BUSINESS WIRE)--Welbilt, Inc. (NYSE:WBT), announced today that Leonard Lam has been promoted to the role of Senior Vice President and Managing Director for its Asia Pacific (“APAC”) region, effective immediately. Lam joined Welbilt in 2007 with the acquisition of Fabristeel and was named Vice President of Finance, APAC in 2009. Subsequently, he was named Vice President of M ...
5y agoWBTWelbilt, Inc. (WBT) Q4 2020 Earnings Call TranscriptEarnings Call TranscriptsWBT earnings call for the period ending December 31, 2020.
5y agoWBTWelbilt Reports Fourth Quarter Operating ResultsBusiness WireNEW PORT RICHEY, Fla.--(BUSINESS WIRE)--Welbilt, Inc. (NYSE:WBT), today announced financial results for its 2020 fourth quarter.
5y agoWBTWelbilt Announces Details for 2020 Fourth Quarter Earnings Call and WebcastBusiness WireNEW PORT RICHEY, Fla.--(BUSINESS WIRE)--Welbilt, Inc. (NYSE:WBT), announced today that it will host a live conference call to discuss its 2020 fourth quarter earnings on Thursday, February 25 at 10:00 am ET. The company will issue a pre-market earnings announcement the same day. Institutional investors are invited to participate live on the call using the following details:
5y agoWBTWelbilt and HCL Enter Into a Strategic Partnership to Accelerate Development and Roll-Out of KitchenConnect® Digital Platform Solution in Global Commercial Foodservice IndustryBusiness WireNEW PORT RICHEY, Fla.--(BUSINESS WIRE)--Welbilt, Inc. (NYSE:WBT), a leading global provider of commercial foodservice equipment, today announced that it has entered into a strategic partnership with HCL Technologies Ltd (HCL), a leading global technology company, to accelerate the development of Welbilt’s KitchenConnect® digital platform and its roll-out to Welbilt’s customers.
5y agoWBTWelbilt and Apex Supply Chain Technologies Partner to Supply Automated Contactless Pickup Lockers for the Foodservice IndustryPR NewswireWelbilt, Inc. (NYSE: WBT) announced today that it has entered into a worldwide licensing partnership with Apex Supply Chain Technologies to...
6y agoWBTWelbilt Reports Third Quarter Operating ResultsBusiness WireNEW PORT RICHEY, Fla.--(BUSINESS WIRE)--Welbilt, Inc. (NYSE:WBT), today announced financial results for its 2020 third quarter.
6y agoWBTWelbilt Announces Details for 2020 Third Quarter Earnings Call and WebcastBusiness WireNEW PORT RICHEY, Fla.--(BUSINESS WIRE)--Welbilt, Inc. (NYSE:WBT), announced today that it will host a live conference call to discuss its 2020 third quarter earnings on Tuesday, November 3 at 10:00 am ET. The company will issue a pre-market earnings announcement the same day. Institutional investors are invited to participate live on the call using the following details:
6y agoWBTWelbilt to Participate in Two Upcoming Investor ConferencesBusiness WireNEW PORT RICHEY, Fla.--(BUSINESS WIRE)--Welbilt, Inc. (NYSE:WBT) announced today that Marty Agard, Executive Vice President and CFO, and Rich Sheffer, Vice President Investor Relations, Risk Management and Treasurer, will participate in live fireside chats at the following two investor conferences:
6y agoWBTWelbilt Inc.'s (WBT), CEO William Johnson on Q2 2020 Results - Earnings Call TranscriptEarnings Call Transcripts
6y agoWBTWelbilt Reports Second Quarter Operating ResultsBusiness WireNEW PORT RICHEY, Fla.--(BUSINESS WIRE)--Welbilt, Inc. (NYSE:WBT), today announced financial results for its 2020 second quarter.
6y agoWBTWelbilt Announces Details for 2020 Second Quarter Earnings Call and WebcastBusiness WireNEW PORT RICHEY, Fla.--(BUSINESS WIRE)--Welbilt, Inc. (NYSE:WBT), announced today that it will host a live conference call to discuss its 2020 second quarter earnings on Tuesday, August 4 at 10:00 am ET. The company will issue a pre-market earnings announcement the same day. Institutional investors are invited to participate live on the call using the following details:
6y agoWBTWelbilt to Participate in Live Fireside Chat at the William Blair 2020 Virtual Growth Stock ConferenceBusiness WireNEW PORT RICHEY, Fla.--(BUSINESS WIRE)--Welbilt, Inc. (NYSE:WBT) announced today that Bill Johnson, President and CEO, Marty Agard, Executive Vice President and CFO and Rich Sheffer, Vice President Investor Relations, Risk Management and Treasurer, will participate in a live fireside chat at the William Blair & Co. 2020 Virtual Growth Stock Conference on June 11th at 8:00 am CT (9:00 am ET). A liv ...
6y agoHLIO WBT MTW OSKHelios Technologies Appoints Josef Matosevic as President and CEOBusiness WireSARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (Nasdaq: HLIO) (“Helios” or the “Company”), a global industrial technology leader that develops and manufactures solutions for both the hydraulics and electronics markets, announced today that the Board of Directors has appointed Josef Matosevic as the Company’s next President and Chief Executive Officer, effective June 9, 2020. He was als ...
6y agoWBTWelbilt's (WBT), CEO Bill Johnson on Q1 2020 Results - Earnings Call TranscriptEarnings Call Transcripts