Fort Lauderdale, FL – July 29, 2016 – The Legacy Companies today announced that it has completed the acquisition of Qingdao Orien Commercial Equipment Co., a leading developer and manufacturer of ice machines and refrigeration equipment. Qingdao Orien has over 150 employees based in Qingdao, China and exports products to countries around the globe.

“Orien is one of the most notable ice machine and refrigeration manufacturing facilities in China with significant scale opportunities,” said Neal Asbury, CEO of The Legacy Companies. “Orien brings The Legacy Companies strong R&D, quality and manufacturing operations; an exceptional quality control team; and sustainable advantages that will allow us to offer more options to our customers in the fast-growing ice machine and refrigeration segments. This is a great complement to our made in the USA Kold-Draft line of ice machines.” He went on to add “With Orien we also get an extensive sales and service network in China for delivering a multitude of Legacy products produced in the United States to the fast growing China market.”

Established in September 1999, Qingdao Orien Commercial Equipment Co., Ltd. was founded by a newly-emerged high-tech enterprise of the group Qingdao AUCMA Group Commercial Appliance Factory. The successful endeavor led Orien to become one of the first Chinese ice maker manufacturers exporting to the United States.

Today, Orien has grown to become a premier OEM Chinese manufacturer of high quality commercial and household ice makers and ice merchandisers. The commercial ice machine product line includes self-contained ice makers with internal ice storage bins as well as modular ice maker heads. Orien’s commercial ice makers have daily ice making capacities up to 2,000lb and household ice makers range in daily capacity from 25lbs up to 130lbs. In addition to its core product line, Orien produces wine coolers, beverage centers and refrigerators for both indoor use and outdoor applications like outdoor kitchens, barbecue setups, and entertaining areas.

“Orien has prided itself on producing exceptional quality products from the beginning,” said Jinfu Zhang, General Manager of Orien. “By incorporating our products and manufacturing capabilities with The Legacy Companies, we are confident and excited about the future.”

About The Legacy Companies

The Legacy Companies, a privately owned company with a strong track record of acquiring and growing companies, is a leading food service and consumer products company that designs, manufactures and markets, nationally and internationally, a diverse portfolio of products under world-class brands such as Bevles®, Blakeslee®, ChefsChoice®, Excalibur®, General®, Greenfield WorldTrade, Kold-Draft®, Legion Industries®, Maxximum®, Nautilus®, Omega®, and Zeroll®. The Legacy Companies is headquartered in Fort Lauderdale, FL. More information can be found on the Web at www.TheLegacyCompanies.com.

About Qingdao Orien Commercial Equipment Co:

Qingdao Orien Commercial Equipment Co., Ltd. located in Qingdao, China develops three series of products: ice makers, bottle coolers, catering refrigerators and freezers. The Orien facility offers advanced inspection equipments, production equipments, and experimental facilities and supplies many types of ice makers ranging from 11kg to 500kg per day and also design to customers’ specific requirements.