K&D Buys Maine’s Pine Tree Equipment

K&D Factory Service has announced its acquisition of Pine Tree Food Equipment, and the appointment of K&D President Dan Dibeler to hold the same title at Pine Tree Food.

Pine Tree, which has locations in Gray, Brewer, and Saco, Me., will operate as a wholly owned subsidiary of Harrisburg, Pa.-based K&D, and retain its branding within its own market. Dan Poulin will continue to run day-to-day operations as vice president and COO.

Pine Tree’s Gary Potvin (shown below) will be retiring from the company he founded in 1989. The former CFESA president and longtime service-industry leader sold the company to K&D to ensure its legacy would be kept intact, and that the family-owned atmosphere and culture he created and cultivated at Pine Tree,would be maintained. “It’s still a family-owned company,” he said in the announcement on the sale, “it just now owned by a different family.”

Gary Potvin, man in suit

K&D has seven locations in Pennsylvania. Dibeler received FER’s Young Lion award this year.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

RELATED CONTENT

Ghost Kitchens, More in the Cards for Jack in the Box

This summer, Jack in the Box expects to launch up to eight ghost kitchens in partnership with REEF Kitchens.

Read More...

Roark Capital Sweetens Portfolio With Acquisition of Bakeries

Nothing Bundt Cakes joins the company of Culver’s, The Cheesecake Factory, Dunkin' and more as the firm’s 29th restaurant investment.

Read More...

Costa Coffee Wants Remote Workers Back

A Costa Coffee in the West Hampstead area of London has debuted a setup geared toward once again bringing remote workers back into its shops.

Read More...