Mergers and Acquisitions
March 31, 2023
Tims China Completes ‘Milestone Transaction’
Effective March 30, TH International Limited (aka Tims China)—parent company of the exclusive master franchisees of Tim Hortons coffee shops in mainland China, Hong Kong and Macau—is the exclusive operator and developer of Popeyes in mainland China and Macau. The entry into the transaction was first announced on Feb. 8. The acquisition of PLKC International…
March 28, 2023
Texas Dealer’s Acquisition Expands Its Reach
Two foodservice equipment dealers in the Lone Star State are now one. Earlier this month, family-owned Ace Mart Restaurant Supply announced its acquisition of Wichita Restaurant Supply, based in Wichita Falls, Texas. The deal expands Ace Mart’s reach into northwest Texas and allows it to provide additional services and solutions to its customers, says company…
March 8, 2023
Zink Corp. Strikes a Deal With Ohio Distributor
The Zink Corp., based in Columbus, Ohio, anticipates that it will acquire Scotsman Mid-Ohio by mid-April, the former announced this week. Under the anticipated deal, the businesses are expected to operate independently, however, Scotsman Mid-Ohio—which distributes Scotsman Ice and Kold Draft commercial ice machine products to the Dayton, Columbus and Pittsburgh areas—would compliment Zink’s distribution…
March 7, 2023
Two Dealers Merge, Facilitating A Strategic Expansion
Food Service Supply and Champs RS Group have merged to form a multilocation foodservice dealership operating under the Food Service Supply name. Food Service Supply was created late last year when it acquired FSS, a dealer in Salt Lake City; with this latest acquisition, the company will look “to build a rapidly growing multilocation dealership,”…
February 22, 2023
Tech24’s New Acquisition Grows Its Presence in a ‘Key’ Market
The add-on represents the service company’s 15th acquisition since gaining the backing of HCI Equity Partners.
February 1, 2023
Imperial Dade Makes First Acquisition of 2023
The company calls the deal, and its added foothold, key to its expansion throughout California.
January 24, 2023
Middleby Gains Flavor With New Acquisition
Flavor Burst systems are currently in use by Taylor Company, among others.
December 22, 2022
Smart Care Buys Refrigeration Anytime
Smart Care, a provider of commercial mechanical services, made its second acquisition of the month, picking up Manor, Texas-based Refrigeration Anytime.
December 20, 2022
Middleby Acquires Dublin-Based Marco Beverage Systems
The Marco product line expands Middleby’s offerings in coffee brewers, cold brew dispensers and a variety of hot, cold and sparkling water dispensers.
December 20, 2022
Foodtastic To Acquire Freshii for $54M
Foodtastic announced it agreed to purchase the 343-unit Canadian concept, marking its second acquisition this month.
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