Singer Buys Ashland Equipment
Singer Equipment Co. has acquired the business of Ashland Equipment, the Belcamp, Md., dealer. Ashland has a large contract equipment presence in its home state, Delaware, Virginia, and Washington, D.C., markets, serving healthcare, higher education, K-12, business and industry, and restaurant segments. Rod White will continue leading the new division, which will operate as Ashland Equipment, a division of Singer MD, LLC. He’ll will report directly to Singer President and CEO Fred Singer.
“With the addition of the outstanding contract equipment team at Ashland Equipment, the combined company will be able to provide solutions to our customers over a broader geography,” Singer says. “Singer Equipment strives to be the most responsive and knowledgeable foodservice equipment and supplies distributor in the country. Ashland Equipment is known for a similar focus on delivering outstanding service to its customers.”
White agrees. “Our customers can expect the same service and attention to detail that has built our company and our customer relationships. This is a wonderful opportunity to recognize greater efficiencies and bring new opportunities to our customers and employees,” he says. “We are excited about the prospects that this partnership brings to our customers, expanding on our traditions of service, responsiveness and expertise.”
Singer, based in Elverson, Pa., is the country’s sixth largest foodservice equipment dealer, reporting 2016 sales of $296 million for FER’s Top Dealers. It will mark a century in business next year.
“Singer will continue to look for other strategic acquisitions that enhance our ability to service key markets and customers,” says Singer.