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January 12, 2016
Manufacturer Associations Hold Global Summit Meeting
Some of the world’s major foodservice and catering equipment manufacturers’ associations sat down in November to discuss issues and seek international solutions to challenges that face the global foodservice industry, ranging from the need to meet climate change commitments to the growing regulatory burdens on equipment manufacturers and suppliers. The inaugural Global Foodservice Equipment Summit,…
January 12, 2016
Itsu Fattens Wallet For Overseas Expansion
Itsu, the London-based sushi shop concept launched by Pret a Manger co-founder Julian Metcalfe in 1997, is looking to expand internationally over the next three years. It recently received the funding from HSBC of £40 million ($US61 million) to do so. “Itsu is a dynamic fast-food retailer with high growth prospects, a respected brand and…
January 12, 2016
WAI Completes Acquisition Of FER’s Parent, Gill Ashton Publishing
Gill Ashton Publishing, LLC, parent of Foodservice Equipment Reports and its foodservice equipment- and supplies-oriented media, including Worldwide Report, has been acquired by Wolters-Althoff Investments, LLC. GAP was founded in 1996 when it began publishing FER magazine. WAI, based in Chicago, is the private equity and venture capital arm of the Wolters Family Office headed…
January 12, 2016
Italian Chain, Azzurri, Set To Expand Across Northern Ireland
Azzurri, which owns 250-plus Ask Italian, Zizzi and Coco di Mama restaurants, says it has invested a record amount in opening and refurbishing restaurants over the past year. The company spent a record £18.6 milllion (US$26.8 million) to open seven restaurants—four under the Ask brand, and three as Zizzi—and carry out 35 refurbishments. Now the…
January 12, 2016
Leon Goes Dutch
Leon Restaurants, the London-based “healthy” quick-service chain, plans to launch in Holland this year. The move onto the continent comes soon after Leon ramped up its domestic expansion. The concept, which serves Mediterranean-inspired dishes such as roasted vegetable salads and sweet potato falafels, opened its first outlet in 2004 on London’s Carnaby Street and turned…
January 12, 2016
Pancake House Plans UAE Debut
Casual-dining brand Pancake House is expanding to the United Arab Emirates as part of the global expansion plan of its parent, Max’s Group Inc. The deal was signed with Abu Dhabi-based Lulu Group to build at least eight of the concept’s units in the UAE in the next five years. The Pancake House, like parent…
January 12, 2016
Pizza Express Puts Asian Expansion On The Menu
Pizza Express is a major presence in the U.K. and Ireland—where it has more than 450 restaurants, including 19 opened last year. Now it has stepped up its footprint in Asia after being sold to Chinese investment group Hony Capital in 2014 for around £900 million (US$1.3 billion). The fast-casual chain has opened eight units…
January 12, 2016
FHA2016 To Examine Trends Driving Growth In Asia Pacific
The international food and hospitality scene never cools down, and the Asia Pacific region is hot. This is show season, and things are really heating up, with one of Asia’s premier biennial events drawing near. Food&HotelAsia2016, or FHA2016, April 12-15 at the Singapore Expo, will bring more than 300 first-time exhibitors to the region’s most…
January 11, 2016
The Past And Current Year In Mergers & Sales
As we often do at the beginning of a new year, we’ve pulled together a reminder of all the sales, acquisitions and mergers from the previous year for our opening FER Dealer Report. And we noticed a curious fact: Lots of deals in the equipment and supplies manufacturing and service and parts segments, but very…
January 11, 2016
New Reps For Carpigiani
Carpigiani has tapped Central Marketing Associates as its new rep group for Iowa, Kansas, Missouri and Nebraska. CMA, based in Shawnee Mission, Kans., represents 14 other major equipment brands, including Beverage-Air and Edlund, Carpigiani’s sister companies in Ali Group. Carpigiani is based in Winston-Salem, N.C.
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