Electrolux to acquire European kitchen hoods company Best
Electrolux today announced it has agreed to acquire Best, a European manufacturer of innovative and well-designed kitchen hoods. The acquisition enables Electrolux to develop a fully comprehensive offering of built-in cooking solutions and will further support long-term profitable growth in the region.Best had net sales in 2016 of EUR 42 million (around SEK 400 million) and 450 employees, primarily at manufacturing sites in Cerreto d’Esi (central Italy) and Zabrze (southern Poland). The company is part of Broan-NuTone, LLC, a North American manufacturer and distributor of residential