AGA.L
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  • Reuters10 months ago

    From spies to smartphones: Britain's Aga set for another new chapter

    The sale of oven maker Aga Rangemaster to a U.S. owner with global ambitions caps the transformation of a quintessential English country brand created by some of the biggest names in global design, advertising - and espionage. The acquisition of Aga for $202 million by Middleby Corporation follows a brief bidding war with U.S. rival Whirlpool for the maker of the colourful cast-iron stoves that can weigh as much as a male polar bear, cost $18,000 and, in older versions, take two days to heat. In Britain, it has become synonymous with aspirational middle-class country living and inspires huge loyalty in owners, including members of the royal family and Prime Minister David Cameron.

  • Motley Fool10 months ago

    Why AGA Rangemaster Group Plc & AFC Energy plc Are Falling Today

    AGA Rangemaster Group Plc (LON:AGA) and AFC Energy plc (LON:AFC) are falling for very different reasons today.