Enodis

Enodis plc

Company type| Public limited company
Industry| Foodmaking equipment
Founded| 1851
Defunct| 2008
Fate| Acquired by The Manitowoc Company
Headquarters| London, United Kingdom

Key people

| Peter Brooks (Chairman)
David McCulloch (CEO)
Revenue| £1.22 billion (2008)

Operating income

| £72.0 million (2007)

Net income

| £41.1 million (2007)

Enodis plc was a British multinational foodmaking equipment manufacturing company headquartered in London. A former FTSE 250 Index constituent, it was acquired by the American machinery manufacturer The Manitowoc Company in October 2008, with its activities subsequently being fully integrated into those of Manitowoc.

## History

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Enodis was founded by Samuel and William Berisford in 1851 as a small grocery and pharmacy in Manchester under the name S&W Berisford.[1] William Berisford, a grandson of the founder, started trading in sugar at the end of the 19th century. The business incorporated in 1910.[1] In 1968 it acquired commodity trading company J&H Rayner (Mincing Lane) Limited and through the 1970s it expanded its commodity business.[1] In 1982 the Company acquired British Sugar, owner of the Silver Spoon brand, and diversified into property and financial services.[1]

Financial difficulties in the late-1980s and early-1990s led to a program of disposals including of British Sugar, but a new acquisition drive occurred in the 1990s, with the purchase of Magnet, a kitchen and joinery business, in 1994,[1] the Welbilt Corporation, a United States food equipment business, in 1995[1] and the Scotsman Group, another US food equipment business, in 1999.[1] In 2000 the company changed its name to Enodis.[1] Between 2000 and 2002 Enodis sold its building and consumer products division, including Magnet,[2] and also several other subsidiaries to become a focused food equipment production company.[1]

The company became an acquisition target in 2006, turning away offers from Aga Foodservice and The Middleby Corporation and terminating more advanced discussions with The Manitowoc Company.[3] Manitowoc returned with a fresh offer in April 2008, valuing Enodis at around £1 billion.[4] The bid was accepted by the board and shareholders, with the deal closing that October with the delisting of Enodis shares from the London Stock Exchange.[5]

Following an ongoing dispute with Felsted residents Sir Alan Haselhurst raised questions [6] in the House of Commons in 2011 pertaining to Enodis's non delivery of advertised facilities.

## Operations

[edit]

Enodis had manufacturing sites in the United Kingdom, United States, several countries in Continental Europe and in Asia. It sold exclusively to the corporate sector and its brands included:[7]

* Cleveland (steamer cookers);[8]
* Convotherm (steamers);[9]
* Dean (fryers and filtration systems);
* Delfield (refrigerated units);[8]
* Frymaster (fryers, filtration systems, holding cabinets);[10]
* Garland (grills and ranges);[11]
* Guyon (kitchen and self-serve surfaces);[12]
* Ice-O-matic (refrigeration);[13]
* Jackson (ware washers);
* Kysor Panel Systems (walk-in coolers, walk-in freezers, floral coolers, plant growth chambers, cleanrooms, dry rooms, document storage chambers, refrigerated warehouses, insulated panels, permanent shelters, residential construction);
* Lincoln (ovens and small wares);
* Merco Savory (heated displays);[14]
* Merrychef (accelerated cooking);
* New Ton (ice makers);
* Scotsman Beverage Systems (beverage dispensers);[15][16]
* Simag (ice machines);
* Varimixer (industrial mixers);[8] and
* Viscount (catering and refrigeration).

## References

[edit]

1. ^ a b c d e f g h i Enodis History
2. ^ Enodis jumps 13% on sale of Magnet
3. ^ Fildes, Nic (3 November 2008). "Enodis rejects £1.3bn merger approach from Aga maker". The Independent. Retrieved 24 November 2008.
4. ^ McKeigue, James (10 April 2008). "Manitowoc Tries For Enodis--Again". Forbes. Retrieved 24 November 2008.
5. ^ Bryan, Victoria (14 October 2008). "Enodis sees FY profit ahead of its view". Reuters. Retrieved 24 November 2008.
6. ^ Hansard source (Citation: HC Deb, 30 March 2011, c488)
7. ^ Enodis: Activities
8. ^ a b c Food Arts. Food Arts Incorporated. 2002. p. 164. Retrieved 3 January 2018.
9. ^ The Waterlow Stock Exchange Yearbook. Waterlow Specialist Information Pub. 2007. p. 57\. ISBN 978-1-904964-29-2. Retrieved 3 January 2018.
10. ^ Chef Magazine. Talcott Communications. 2008. p. 60. Retrieved 3 January 2018.
11. ^ "Enodis division Garland welcomes MacFarland back as president of its American operations". Nation's Restaurant News. 27 October 2008. Retrieved 3 January 2018.
12. ^ The Waterlow Stock Exchange Yearbook. Waterflow Specialist Information Pub. 2005. ISBN 978-1-904964-06-3. Retrieved 3 January 2018.
13. ^ The National JobBank 2005. Adams Media. 2004. p. 129\. ISBN 978-1-59337-104-3. Retrieved 3 January 2018.
14. ^ National Petroleum News. National Petroleum Publishing Company. 2003. p. 24. Retrieved 3 January 2018.
15. ^ "Manitowoc Divesting Enodis Ice Business". CSP Daily News. 7 October 2011. Retrieved 3 January 2018.
16. ^ Colombo, G.; L, W.W.I.S.R.; Italy, W.W. (2006). Who's Who in Italy. International red series. Who's Who In Italy. p. 2380\. ISBN 9788885246638. Retrieved 3 January 2018.

## External links

[edit]

* Yahoo profile
* Documents and clippings about Enodis in the 20th Century Press Archives of the ZBW

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The Manitowoc Company

Subsidiaries|

* Enodis
* Manitowoc Cranes
* Manitowoc Shipbuilding Company

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