by Jordan Green

Monitoring the economic pulse of the Triad

Global company with Winston-Salem presence picks up asset

The Ali Group, whose North American headquarters are located in Winston-Salem, has closed on the acquisition of Scotsman Industries, the companies announced on Dec. 13. Scotsman Industries is the largest commercial ice company in the world, with operations in 100 companies. Based in Milan, Italy, the Ali Group deals in commercial and institutional food service equipment used by major restaurants and hotels. The Ali Group purchased Scotsman Industries from Warburg Pincus, a private equity firm based in New York.

Professional networking event on Wednesday

The Triad Rewards Network, a professional networking organization, hosts Triad After Work Social Business Networking at CityView Southside apartments in Greensboro on Wednesday from 6 to 8 p.m. The event is a food drive for Second Harvest Food Bank.