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January 14, 2013
FER EXCLUSIVE: Perspectives 2013
Attention to your brand, agility in an uncertain environment, focus on the right real estate and eliminating inefficiencies in the face of rising costs are keys to growth this year.
December 27, 2012
Ali Group Completes Scotsman Acquisition
It’s a done deal: The Italian foodservice equipment conglomerate The Ali Group has successfully closed on its previously announced definitive agreement to acquire Scotsman Industries, the world’s largest commercial ice-machine company, from a private equity firm. Terms of the transaction were not disclosed. The half-century old, closely held Ali Group is headquartered in Milan, Italy….
December 27, 2012
Vollrath Acquires A Second Plastics Maker, Acryfab Inc.
The Vollrath Co. will be expanding its brand into acrylic dispensing, display and fabrication products with its latest acquisition, fellow Wisconsin manufacturer Acry Fab Inc. The Sun Prairie, Wis.-based company is Sheboygan-based Vollrath’s second acquisition of a plastics manufacturer in the last two years; it acquired Traex Co. in April 2011. The Acry Fab product…
December 27, 2012
Blanco CS Rebrands As Blanco Professional
Blanco CS has been renamed Blanco Professional. The family-owned company headquartered in Oberderdingen, Germany, says it is revising its name to make its objective clear: professionals producing for professionals. "The new company name is succinct and favorable for international use. It further emphasizes exactly who our customers are,” stated CEO Friedrich Schock. Blanco Professional produces…
December 21, 2012
Unified Brands Acquires Power Soak Systems
Unified Brands announced Dec. 20 that it has acquired Power Soak Systems, a privately held manufacturer of continuous-motion warewashing systems. Power Soak is headquartered in Kansas City, Mo., and has a manufacturing facility in Pryor, Okla. Financial terms of the transaction were not disclosed. “The acquisition of Power Soak Systems will leverage our channel with…
December 18, 2012
Texas-Based Mission Buys Fellow Lone State Dealer
San Antonio-based Mission Restaurant Supply has acquired Metroplex Restaurant Equipment, a Fort Worth, Texas-based E&S dealership. Terms of the deal were not disclosed. Metroplex’s previous owners, Danny Terrell and Ed Stephens, will remain active in the business. The acquisition represents Mission’s initial entry into the Dallas-Ft. Worth market. In addition to its San Antonio headquarters,…
December 18, 2012
Taking Stock At Year-End
We write a lot about the future in this space, trying to help you assess what the E&S market may bring in the way of opportunities and challenges. But it’s also good to look at the recent past. As we approach the end of 2012—this is our last e-newsletter of the year and the winter…
December 18, 2012
In Memoriam: Rep Ray Ward
Long-time MAFSI member and past president Ray Ward died suddenly on Dec. 5. Ward spent 30 years as a manufacturers’ rep in upstate New York, where he was a principal of Rochester-based Quality Rep Source. The firm merged in 2007 with Bassett-Carragher Associates to form Link2 Hospitality Solutions. Three years ago, he took a post…
December 18, 2012
Training Program For U.S. Vets Builds Database
Foodservice equipment is getting more complex and the need for trained technicians is ever-growing. Also increasing is the stream of veterans returning from military service overseas who need jobs in the civilian sector. Service and equipment repair companies are part of a new program, TechU24, to recruit and train returning military personnel as foodservice equipment…
December 18, 2012
In Memoriam: Hiawatha Founder Lois Thompson
Lois Thompson, 85, the founder of Hiawatha Chef Supply, passed away Nov. 27 after a long battle with emphysema. The former Lois Murker started the Escanaba, Mich., dealership in 1955, in partnership with Doug Wescott. “There were very few woman-owned businesses in 1955 and none in the foodservice industry,” Thompson said later. “I signed all…
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