Mergers and Acquisitions
Innovative Foodservice Group Acquires Foodservice & Restaurant Supply
The acquisition strengthens IFG’s position in the Carolinas.
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…
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…
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…
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.
Imperial Dade Makes First Acquisition of 2023
The company calls the deal, and its added foothold, key to its expansion throughout California.
Middleby Gains Flavor With New Acquisition
Flavor Burst systems are currently in use by Taylor Company, among others.
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.
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