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September 1, 2015
Technomic Acquired By Media Company
Winsight, the business-to-business media company, has bought Technomic, the Chicago-based research and advisory services firm. Technomic was acquired from its founder, President and CEO Ron Paul, who is leaving the company to spend time with family. Terms of the August 31 transaction weren’t disclosed. Technomic will continue to operate under its brand name, and will…
September 1, 2015
Dispensing Equipment Makers Blend: Micro Matic Acquires Valpar
In an acquisition that greatly expands its presence in the global beverage business, Micro Matic A/S has acquired Valpar Industrial Ltd., a manufacturer and supplier of beverage tubes and pythons to breweries and soft-drink producers worldwide. Founded in 1982, Bangor, Northern Ireland-based Valpar was the first company to produce machine-made pythons, which help maintain beer…
September 1, 2015
Irinox Founder Kaplan Steps Down
Ira Kaplan, president of Irinox USA, stepped down from the company he founded in 2005 on Sept. 1. The former president of Servolift Eastern and past NAFEM president will continue to serve Irinox as a consultant. New leadership of the U.S. outpost of the Italian maker of blast chillers, blast freezers and other products is…
September 1, 2015
Growth In A Mature Market; More Industry Losses
Since we presented our annual President’s Preview E&S Market Forecast on July 28, we’ve seen more evidence that operators are doing better than they have since the beginning of the Great Recession. But we’ve also seen data that continues to suggest just how mature and competitive the foodservice market is in the U.S. We noted…
September 1, 2015
PRODUCTS: September 2015
APP OF THE MONTH Some of the simplest applications make a splash in the foodservice industry, show up in kitchens across the globe and still make you ask, “Why didn’t I think of that?” An Australian invention designed to reduce the use and waste of plastic wrap and aluminum foil on gastronorm and hotel pans,…
September 1, 2015
Middleby Adds Another Residential Cookware Maker
The Middleby Corp. will acquire AGA Rangemaster Group, a British manufacturer of residential kitchen equipment including ranges, ovens and refrigeration, for about $200 million. The AGA portfolio includes AGA, Rangemaster, Mercury, Falcon, Marvel, Stanley and La Cornue. Headquartered in Leamington Spa, the firm has approximately $400 million in annual revenue and more than 2,500 employees…
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