Spectrum Brands is exploring “strategic options” for its Global Batteries & Appliances division with the intention to sell the business unit during 2018. The appliance side includes brands such as George Foreman, Black & Decker, Russell Hobbs, Juiceman and Remington. Company officials said they have received “multiple inquiries and offers” from prospective buyers and are in active discussions with several.
For the fiscal year ended September 30, 2017, the Global Batteries & Appliances segment generated net sales of $1.998 billion, with operating income of $231 million and adjusted EBITDA of $317 million. Spectrum Brands reported fiscal 2017 net sales of slightly more than $5 billion, with operating income of $561 million and adjusted EBITDA of $956 million. “The Global Batteries & Appliances businesses are both strong, well-run divisions with excellent management and dedicated employees, and they have consistently contributed to the long-term success of Spectrum Brands,” said Andreas Rouvé, CEO of Spectrum Brands Holdings.
”Given their attractiveness and upside potential, we believe these businesses can have accelerated success in the hands of new owners.”See Also: First 1000 Digits Of Pi
An appliance is one of the greatest investments you will ever make. Appliances are always significant buys, and therefore are 1 with the most critical aspects of your own home. You trust in appliances for almost everything from cooking to cleaning, and particularly looking at the amount of cash you may be placing forth for it, it only makes sense that you would need to ensure you make the most reasonable obtain.
Home appliances is actually a time period which is applied really popularly now but exactly what does it stand for? Home appliances stand for your mechanical and electrical goods which might be utilized in your house to the operating of the normal domestic.
The Largest Warehouse of GAS REFRIGERATORS in the USA. Welcome to the most comprehensive site for natural gas or propane refrigerators and freezers. Not only do we sell and service these gas appliances and products, we use them in our daily lives. We offer technical advice and repairs on site or via telephone. Other sites offer the same or similar product lines, but none can compare to our 30 years of experience in this field.
Trust Warehouse Appliance for all your gas fridge, solar products, and off-grid appliance needs! The top brand in the LP refrigerator industry is the EZ Freeze brand. The quality and performance of the finished product has proven itself to be the best of all the large capacity gas fridge freezer on the market today. EZ Freeze builds the entire cooling unit, the heart of the machine, in house at their facility.
They do not farm it out like the competition. This ensures the highest quality control possible. Each unit is tested in the hot room of at least 100 degrees F for over 12 hours in duration. The test results are recorded on every unit. No other company does this.Other features of the EZ Freeze line incorporates an all important burner assembly that uses 100% stainless steel construction and includes a Ruby Tipped Orifice.
EZ Freeze has sought out the highest grade materials for both long lasting durability and consistent high performance. Read more about EZ Freeze Gas Refrigerator features Here at Warehouse Appliance we realize that all of the Gas Fridges, and Propane Freezers that we sell go to remote locations such as hunting camps, vacation cabins, cottages, and off grid houses, so we went to the trouble of producing a Service and Maintenance DVD that we give free to all of our EZ Freeze customers.
When you are in the outback and you have a question about your fridge, this DVD gift can possibly save your vacation with it’s very detailed look at service, maintenance, repairs, and troubleshooting. See the trailer for the Propane Refrigerator DVD. Propane gas freezers by Blizzard, EZ Freeze, and Frostek allow for extended stays or full time off-grid living. Absorption Refrigeration has been around since the early 1900’s being very popular in the 40’s and 50’s with the Servel brand.
Some are still in use today. Refrigerators used in Recreational Vehicles (RVs) use the same ammonia absorption technology. This allows the RV to travel to locations and utilize different types of power sources. Many hotel room mini fridges include an absorption system that is electric powered. The attraction is the silent operation. Although this type of refrigeration is not as popular as a compressor type electric refrigerator, it has been used successfully throughout recent history for many types of uses.
Read more about Absorption Refrigeration Solar Electric Refrigerators and Freezers offer another alternative to those in sunny locations such as the Southwestern United States or Mexico. We currently sell refrigerators and freezers from three companies with great results. Sun Frost, SunDanzer, and Sun Star. Don't forget to check out out Scratch N Dent page for Discounted Propane Refrigerators and Freezers for sale.
We periodically have used units, scratch and dent models, or factory blemishes.