The Vollrath® Company Acquires Polar Ware® / Stoelting
The Vollrath Co., LLC
1236 N. 18th St.
Sheboygan, WI, 53082
Press release date: May 21, 2012
Acquisition Extends Vollrath's Offering in Array of Foodservice Categories
Vollrath President and Chief Executive Officer, Paul Bartelt, announced the acquisition of Kiel, Wisconsin based Polar Ware Company including the Stoelting operation. Stoelting is a diverse manufacturer with three primary divisions: food service, cleaning and process equipment. Polar Ware is also a varied, multi-industry manufacturer that predominantly serves the foodservice industry by providing a selection of smallwares, serving equipment, and components for OEM customers.
Stoelting's Foodservice Division offers a broad and premium line of soft serve ice cream and frozen beverage dispensing equipment that supports a fast growing area in foodservice menu development. Stoelting supplies freezers to thousands of retail and foodservice companies, and is recognized as a leader in frozen treat technology. The company's full line of frozen treat equipment in countertop or floor models, includes soft serve, custard, shake, batch freezers and frozen beverage equipment including slush and carbonated slush offerings.
Stoelting's Cleaning Equipment Division designs and manufactures a complete line of industrial parts cleaning equipment for general industrial and electronics assembly applications. The company's Process Solutions Division designs and manufactures a full line of USDA approved cheese making equipment, with a long history of providing high quality cheese vats, curd tables, block formers, draining and matting conveyors, as well as salting belts.
Polar Ware has been providing foodservice products for industry professionals with an extensive selection of durable, high quality, deep drawn products for the foodservice and healthcare industries. The foodservice product line includes steam table pans, chafing dishes, stock pots, mixing bowls, serving trays and utensils, and a wide variety of other kitchen items.
In terms of operations, Polar Ware and Stoelting will remain separate entities under The Vollrath Company and continue to service their existing channels. Both companies will conduct business as usual for the foreseeable future.
"Combining with Polar Ware/Stoelting allows Vollrath to diversify and greatly expand our offering of equipment and smallwares and it further establishes Vollrath as a foodservice industry leader," said Bartelt. "Also, we will continue to support Stoelting's strong engineering and manufacturing capabilities, enabling the company to continue to service its customers in this growing segment of the foodservice market."
Both Vollrath and Polar Ware can trace their roots back to 1874 when Jacob J. Vollrath opened his first enamelware plant in Sheboygan, Wisconsin. In 1907, Andrew Vollrath, Jacob's son, left The Vollrath Company to establish the Polar Ware Company.
"It is wonderful to see these two family-owned businesses come back together again after more than 100 years," commented Terry Kohler, current owner of Vollrath and great-great-grandson of Jacob Vollrath. "Together, we can create an even stronger company that is positioned for continued success. It also furthers both our family's long-standing commitment to the well-being of the greater Sheboygan area community."
Walter Vollrath, the current Polar Ware owner and great-grandson of Andrew Vollrath, added, "Four generations of Vollrath's have been at the helm of the Polar Ware Company, and I feel very honored to be one of them. I, my wife Mary Jo, and daughters Kate and Anna feel God has extremely blessed our family. We know that the reuniting of these companies, as well as the Kohler and Vollrath families will lead to the ongoing growth of our businesses, our employees and our community."
For more than 137 years, The Vollrath Company, L.L.C., has been setting the standard as a manufacturer of quality equipment and smallwares supplies for the foodservice industry. Vollrath offers the largest selection and best value for prep, cook, and serve foodservice solutions. Established in 1905, Stoelting's tradition of quality, performance and environmental awareness is the result of our many years of experience in equipment design, fabrication and manufacture. Since 1907, Polar Ware has been providing products for industry professionals with an extensive selection of durable, high quality, deep drawn products and serving equipment. For more information about Vollrath visit www.vollrathco.com or search "Vollrath" to find us on Facebook or Twitter. For more information about Polar Ware and Stoelting, visit www.polarware.com, www.stoelting.com or search "Polar Ware" or "Stoelting" to find us on Facebook or Twitter. For media inquiries, contact Cathy Fitzgerald at 920-459-5266 or via e-mail at email@example.com.