The Challenge

When Sub-Zero entered the cooking appliance market with the purchase of Wolf Gourmet, the refrigeration product manufacturer sought to expand its premium kitchen equipment portfolio while maintaining its unmatched standards of combined functionality and aesthetics.

But that was not the only challenge posed by the acquisition. Such a major transaction has numerous complex tax and financial implications, which prompted Sub-Zero CEO James Bakke to turn to Wipfli for guidance.

The Strategy

Wipfli helped manage the Sub-Zero’s acquisition of Wolf Gourmet and forge the new business entity, in the process working hard to protect the company’s long-term economic interests.

The Results

Wipfli not only scrutinized the details of the agreement in order to ensure that it delivered maximum value to Sub-Zero, we also developed strategies that made use of all available tax incentives in order to preserve the company’s financial resources.