In our January issue of Worldwide Report, we reported that Britain’s Las Iguanas planned to open 100 units across its home country. Now it appears that the Latin-themed chain, which has 39 restaurants across England, Scotland and Wales, is looking for new owners.Las Iguanas’ private-equity owners at Bowmark Capital hired advisers last year to run a sale…
MOREThe shine on three of the four so-called BRIC countries—Brazil, Russia, India and China—has dulled the past few years, as has economic growth in emerging markets as a whole. India is the only one of the four forecast to see growth accelerate this year. The Int’l. Monetary Fund just reduced its forecasts for emerging market…
MORENine publicly reporting equipment and supplies companies based in the U.S. saw combined revenue growth slow to 2.7% in the fourth quarter of 2014 vs. the same quarter in 2013. It was the slowest quarter since the third quarter 2012 and follows four consecutive quarters during which growth exceeded 6.5%. The numbers are compiled for…
MOREOne hundred years on and there are more than 150,000 Bear Varimixers working away in bakeries and commercial kitchens in 70 countries around the world. The solid, hardworking mixer first was designed by Danish mechanic Palle Hoff Wodschow, who had the inspiration to create a mixer where the tools rotated in the bowl like planets…
MOREMEIKO’s GreenEye technology is a lighting system on a dishmachine’s entry side that indicates to the operator where to load dirty ware to improve the machine’s capacity and save water, chemicals and other costly resources. The machine is able to detect gaps on the conveyor belt between dishware and/or baskets, only activating the rinse function…
MOREThe Magica soft-serve machine from Carpigiani/Ali Group is a self-serve, pump-driven automatic machine that delivers portions from 2-6 oz. The unit comes with available heat treatment for cleaning once every 14 days and a hopper agitator for stirring mix to prevent separation. The machine features Teorema, Carpigiani’s patented machine-performance tracking and communication system that not…
MORETwo years ago, more than 1,900 international suppliers and distributors of foodservice equipment, food and beverages and hospitality design and technology filled 13 halls on three floors of the Hong Kong Convention and Exhibition Centre. That show, HOFEX 13, drew nearly 38,000 professional buyers. Big as it was, next month’s edition of HOFEX 15, the…
MOREProfessional visitor attendance rose 18.3% at the 24th running of the Shanghai Int’l. Hotel Equipment and Supply Expo, also known as Hotelex 2015. The annual trade show, organized by the China Tourism Hotel Association and Shanghai UBM Sinoexpo, attracted 96,508 attendees to Hotelex and its concurrent shows, which cover 15 different themed sectors, including foodservice…
MOREHamburg, Germany, was the place to be in mid-March for European restaurant and hospitality business leaders. INTERNORGA, March 13-18, brought together some 1,300 exhibitors from 25 nations presenting equipment and supplies innovations at the Hamburg Fair exhibition space. Tabletop exhibitors were spotlighted on a pink-carpeted skywalk table in the glass bridge connecting the exhibiting halls.…
MOREIf you haven’t sent us your form for our annual Top Dealer listing, to be published in the June issue of FER, this is your absolutely last chance. Just to remind you, any dealer of any size can be listed in either our verified or “reported, not verified” listings. You just need to fill out…
MORE