Victory is founded as a custom stainless steel-fabricating shop in a small garage in Philadelphia. Owners, Ray Constanti and Tony D'Angelis had worked as sheet metal craftsmen at the Philadelphia Naval Shipyard earlier during World War II. The Victory name symbolized the war outcome for which they worked.
Victory begins producing refrigeration equipment for the rapidly expanding foodservice industry and moves to a small manufacturing plant along the Delaware River.
Victory establishes itself as a foodservice industry leader, as business steadily grows. The company moves to a 125,000-square-foot facility in Plymouth Meeting, PA, outside of Philadelphia. Victory continues to pioneer innovative foodservice equipment, manufacturing products with features such as top-mounted "plug box" refrigeration systems, urethane foamed-in-place insulation and self-closing doors.
Victory becomes a member of the North American Association of Food Equipment Manufacturers (NAFEM).
McGraw-Edison purchases Victory, making it part of the M-E group of foodservice equipment companies.
Victory introduces its food processing product line, including blast chillers, blast freezers, rapid-blast/rapid-chill and rapid-thaw cabinets.
McGraw-Edison sells its entire foodservice equipment group, including Victory, to Bastian International Holdings (BIH).
BIH sells its group of foodservice equipment companies to Hussman, a division of Whitman Corp.
Victory moves into its current location, a 250,000-square-foot facility in Cherry Hill, NJ. Shortly after, Victory is acquired by The Middleby Corporation, along with the rest of the foodservice equipment group previously owned by Hussman.
Victory enters the beverage display equipment industry with the development of the Model TDM-275 (a custom-built merchandiser) for Coca-Cola USA.
Victory celebrates its 50th anniversary in business.
Victory introduces Spec Express, a new line of specification products.
Victory Refrigeration is acquired from The Middleby Corporation in a management-led buyout.
Victory demonstrates its commitment to continuous, innovative design improvement by introducing a new generation of Value Line - Series 9 models. Glynwed acquires Victory Refrigeration from its management group.
Glynwed announces a plan to separate its pipe system and consumer and foodservice equipment operations. Victory Refrigeration names Iain J. Whyte as its president. Victory introduces its VM Series -- three different models of glass door merchandisers.
Glynwed's pipe systems operations are sold to Etex and the remaining company changes its name to the Aga Foodservice Group. Victory becomes one of the first commercial refrigeration manufacturers to earn ENERGY STAR® certifications for its products.
Victory launches the foodservice industry's first "Guide to Cook-Chill," an in-depth, 25-page guide to proper applications of the critical cook-chill process.Victory introduces its new Big Top Salad/Sandwich Refrigerator product line.
Victory Refrigeration announces the availability of two new product lines for 2004 - deep-well bottle coolers and modular proofers.
Victory is named an ENERGY STAR Manufacturing Partner of the Year, the first foodservice equipment maker ever to receive this socially significant recognition.
Victory and the entire AFE division win a second consecutive ENERGY STAR Manufacturing Partner of the Year award, another industry first. Victory introduces two new product lines: back-bar coolers and dispensers; and glass-door beverage merchandisers.
Victory Refrigeration and the entire AFE division are purchased from Aga by the Ali Group.