Broan-Nu Tone sells Best Kitchen Ventilation Business to Electrolux Group

July 8, 2017

HARTFORD — Broan-NuTone LLC announced the sale of the Best Kitchen Ventilation EMEA Business to Electrolux Group on Friday.

According to a news release, the 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 in Italy and 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,” said Frank Carroll, CEO of Broan-NuTone. “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.”

— Conley News Service