Foodservice Equipment Reports Fortnightly
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Welcome to FER Fortnightly Online Newsletter
August 22, 2006








Economic Report:
Sponsored by:
Electrolux Professional
FER Forecast Meeting Will Focus On Health Of Channels
Customer Traffic Counts Mixed As Inflation Hurts Some Concepts More Than Others
Blue Chip Consensus Trims Macroeconomic Forecasts Again As Inflation Reports Calm Markets


Regulatory Report:
Sponsored by:
Franke Foodservice Systems
Energy Star Drafts Criteria For LED Lighting
CSA's FOG Standard Under Task Force Review
Junk Fax Law Finally Kicks In
Scots Shows Brits Stubbing Out Butts Won't Hurt Biz



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In This Section:
Manitowoc, Enodis Call Off Acquisition Talks
Fisher Wins ACEEE Energy Champion Award
NRA, Healthy Dining Build Web Guide To Better Eating
Aramark Agrees To Private Buyout
NRA Opens 2007 Kitchen Innovations Awards

This issue's Economic ReportSponsor: Electrolux Professional
Regulatory Report
Sponsor: Franke Foodservice Systems

Industry Report Server Products

Manitowoc, Enodis Call Off Acquisition Talks
Enodis, Plc, has ended talks with Manitowoc Co. regarding Manitowoc's offer to buy the British equipment maker.

Manitowoc sweetened its original offer last month to about $1.7 billion, and Enodis agreed to share financial information. The two companies couldn't reach agreement on a deal that addressed regulatory risks, according to a statement from Enodis. Though the talks ended, there are some conditions in which Manitowoc could revive its offer within the next six months.

Middleby Corp., which expressed interest earlier this summer in acquiring Enodis, had until Aug. 14 to make a formal offer after a ruling from the U.K. Takeover Panel. The company has been silent during Manitowoc's talks with Enodis.

 

Section sponsored by Server Products

Fisher Wins ACEEE Energy Champion Award
Major kudos to Don Fisher of Fisher-Nickel Inc. and the team at PG&E's Food Service Technology Center, for being one of four recipients of the "Champion of Energy Efficiency" award at the recent biennial conference of the American Council for an Energy-Efficient Economy. The award recognizes leadership and accomplishment in the energy efficiency field.

Those of you who read our sister print publication, Foodservice Equipment Reports, know that Fisher and his team have for years been tremendous champions of foodservice energy efficiency, which is why their groundbreaking work has been regularly featured in the magazine.

"I'm overwhelmed and very pleased," said Fisher, the only winner affiliated with the foodservice industry. "This award is really shared with Judy [Nickel], our FSTC team and PG&E for their 20-year commitment. Everybody—utilities, organizations, the EPA and Energy Star, industry and media like FER—has been behind us, so the credit goes to everyone who supported us."

Fisher, whose company celebrates its 20th anniversary this year, was nominated by both PG&E and Lawrence Berkeley National Laboratory for his leadership in changing national markets for energy-efficient foodservice technologies.

"In this field, you don't often have the luxury of seeing the results of what you do put into practice so quickly," Fisher said, "but the foodservice industry has been pretty quick to adapt and take advantage of what we learn here at FSTC."

Other winners at the ACEEE conference include Cheryl Harrington, director, Regulatory Assistance Project, for her lifelong leadership on energy efficiency policies in the utility field; the Bonneville Power Administration for its long-term and renewed commitment to energy efficiency as an electricity resource; and a team of four power-supply efficiency champions—Chris Calwell, Ecos Consulting, Andrew Fanara, U.S. Environmental Protection Agency, Noah Horowitz, Natural Resources Defense Council, and John Wilson, California Energy Commission—for their research, advocacy, management, and partnership abilities in working to transform a key technology market, electronic-device powers supplies.


Section sponsored by Server Products

NRA, Healthy Dining Build Web Guide To Better Eating
The National Restaurant Association recently joined forces with California-based Healthy Dining Program and created a Web site that promotes restaurants with healthful menu choices.

HealthDiningFinder.com will let consumers search for restaurants based on price, location, type of cuisine, availability of takeout and other criteria. Detailed nutrition information for each participating restaurant's menu items also will be available on the site. Restaurants that have already signed on include Arby's, P.F. Chang's, Buca di Beppo, Cracker Barrel, Round Table Pizza, El Pollo Loco and Famous Dave's.

You can see a demo of the site at www.healthydiningfinder.com/demo.

The site officially launches on Aug. 28.


Section sponsored by Server Products

Aramark Agrees To Private Buyout
Aramark Corp. agreed to let an investment group led by its chief executive, Joseph Neubauer, take the company private in a deal estimated at $8.3 billion. The buyout could close by the end of the year or early 2007.

Neubauer and a group of several investment banks made an initial offer for the company in May. The final agreement sweetens that offer by $1.80 per share for stockholders, or more than $2.3 billion over its initial bid.

Neubauer will control about 5% of the voting stock after the acquisition. In a statement, he assured the company's 240,000 employees that he plans on business as usual and "will remain focused on sustaining profitable growth."


Section sponsored by Server Products

NRA Opens 2007 Kitchen Innovations Awards
Got a hot new equipment/supplies product? The National Restaurant Association is taking submissions for its 2007 Kitchen Innovations Awards program. Applications will be accepted through this coming Nov. 17.

Judges are looking for back-of-the-house products that help operators be more successful. Equipment and technology that helps save energy, enhances food safety, reduces cooking time, etc., are what the panel of experts wants to see.

Award recipients will be featured in the NRA's Kitchen Innovations Pavilion at next May's Restaurant, Hotel-Motel Show. Companies interested in participating should contact Eric Rude at erude@dineout.org or 312-853-2537, or visit www.restaurant.org/show.




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