Ali Group Plans To Integrate Scotsman Industries

ALI GROUP PLANS TO INTEGRATE SCOTSMAN INDUSTRIES Milan and Chicago: January 11, 2013 -- Scotsman Industries, recently acquired by the Ali Group, will remain a US-based global group reporting to Ali Group North America. Responsibilities held by Dave McCulloch and Dave Wrench, as CEO and CFO respectively of Scotsman Industries, will be absorbed by Filippo Berti and Christa Miller, CEO and CFO of Ali Group North America, at the end of the planned transition period on February 15th, 2013. Scotsman Industries’ senior executives, Kevin Fink, Rich Gleitsmann, Emanuele Lanzani and their management teams will all remain in place.

Luciano Berti, Chairman and Chief Executive Officer of the Ali Group, stated: "We would like to thank Dave McCulloch and Dave Wrench for their leadership and contributions to Scotsman Industries over the years, and for their assistance to Ali management in its successful acquisition and smooth transition of the business. We wish them all the best in the future."

Dave McCulloch added: “I am delighted that Scotsman Industries is now part of the Ali Group and can benefit from being part of one of the largest foodservice equipment companies in the world. Dave Wrench and I have thoroughly enjoyed our tenure and wish Scotsman Industries and the Ali Group continued success in the future”.