Unox SpA, the Italian combi and bakery oven maker, has bought out its UK agent for an undisclosed sum in a move that expands the number of country subsidiaries it owns.
Unox UK Ltd was set up in 2004 by husband and wife team Gary and Lisa Nunn, after they began importing the company’s equipment into the UK. It is now one of the leading cooking equipment suppliers in Europe.
The acquisition allows Unox SpA – which has a US office in Denver – to expand its global network of offices and subsidiaries, and means the UK becomes the 37th country in which it employs people whose role is to provide service and support to professional foodservice operators.
Nicola Michelon, CEO at Unox SpA, explained the rationale for the agreement: “The purpose of the Unox management team is to ensure that a customer based in any corner of the world receives the same attention and service as the one operating in Padua, where the company is based.
“We strongly encourage our people to do whatever it takes to exceed customer’s expectations. By doing so, in the last 10 years we have quadrupled the sales of the company and in the next five we plan to maintain the pace.
“The acquisition of Unox UK will allow us to provide the financial, technological and management support to ensure that our growth in the UK will exceed our growth in the rest of the world, offering a credible alternative to the marketplace.”
The Nunns are set to stay on in their respective roles and will have 100% backing and support from Italy.