Offering an enlarged product range and the highest stock availability for catering equipment spares from a wide selection of brands.
The two independent suppliers of catering spare parts, LF and GEV, now operate under the same holding company, with the global private equity firm, The Riverside Company (“Riverside”), as the main shareholder. This has been made possible by the purchase of LF by Riverside, which already owns the GEV Group including their latest UK acquisition Commercial Catering Spares Ltd.
Under the new partnership LF and GEV will remain independent, retain their brands and own commercial organizations whilst cooperating to increase product ranges, improve spare parts availability and ensure the highest levels of service to spare parts distributors and maintenance engineers.
“Our customers can continue to rely on both companies: Neither the contact person nor the office will change, so customers and suppliers can continue working with their preferred partner,” both Alexander Wiegand, CEO of GEV, and Vittorio Ricci, CEO of LF, agree.
With greater geographical coverage, a significant combined spare parts sales network as well as the outstanding expertise and motivation of their employees, both companies aim to be the number 1 partner for high-quality spare parts in the catering equipment industry.