PHOENIX OVENS, Australian based manufacturer of stone hearth pizza ovens and feature cooking equipment, is pleased to announce today that it has agreed to be acquired by MARRONE, the Italian based leading manufacturer of custom cooking units for the international foodservice industry. The newly forged union merges unique core products and knowledge with the shared primary focus of designing and crafting outstanding display cooking equipment.
As part of MARRONE's continued expansion, the new acquisition of Phoenix Ovens will improve the business growth and product offering to existing customers. Combining resources and information will also enhance the strength of both companies and provide exclusive product solutions to the marketplace.
Management for both companies state the current senior members will remain within the organisations and operations will continue as normal. Rhyannon Bowne, Phoenix Ovens CEO and Business Associate, commented: We expect the future will be a time of rapid growth supported by our focus on flexibility, innovation and quality. This development brings together two companies with common values and objectives to achieve great success.