News
July 6, 2021
SPB Hospitality to Acquire J. Alexander’s Holdings for $220M
SPB Hospitality is set to acquire J. Alexander’s Holdings, Inc. for $220 million, a transaction that is currently under investigation by Halper Sadeh LLP.
July 6, 2021
Ice Cream Equipment Manufacturer Opens North Carolina Facility
Ali Group’s Carpigiani invested in a High Point, N.C., facility to manufacture batch freezers and soft-serve machines.
July 5, 2021
Ali Group Submits Binding All-Cash Proposal To Acquire Welbilt
Ali Group says it “looks forward to promptly entering into merger agreement with Welbilt.”
July 2, 2021
Hatco Promotes Two Long-Term Players to Leadership Roles
Foodservice equipment manufacturer Hatco recently announced the elevation of two long-standing employees to new leadership positions.
July 2, 2021
Red Lobster Appoints CEO Kelli Valade
Red Lobster yesterday announced the appointment of Kelli Valade as CEO on August 2.
July 2, 2021
PT Holdings Group Acquires General Parts
PT Holdings, which includes the Parts Town brand, has picked up Minnesota-based General Parts.
July 2, 2021
Krystal Launches On-the-Go Restaurant Prototype
Southern quick-service chain Krystal recently unveiled its new restaurant prototype featuring on-the-go elements.
July 1, 2021
Yadav Enterprises Affiliate Acquires Taco Cabana for $85M
Fiesta Restaurant Group announced the sale of its Taco Cabana brand to Yadav Enterprises for $85 million.
July 1, 2021
SEFA Honors Breckenridge as Member of the Year
Breckenridge Kitchen Equipment & Design was recently honored as SEFA’s member of the year for 2021.
July 1, 2021
IFG Appoints Brad Carr as Senior Project Manager
Innovative Foodservice Group yesterday announced the appointment of industry veteran Brad Carr as senior project manager.
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