Did you hear about the Italian chef that died? He pasta way. We cannoli do so much. His legacy will become a pizza history.
Global Foodservice News
Global Foodservice and Equipment Newsletter – October 15,2017 Edition
To Our Loyal Followers, Here it is the middle of October and my World Series Champion Cubs (never gets old until they are dethroned) are still in the running for a 2peat!! What a fall!! In real news, according to the Institute for Supply Management, factory expansion had the highest increase since 2004. New orders… read more
Global Foodservice News – October 1, 2017 Edition
Singer Buys Ashland Equipment Singer Equipment Co. has acquired the business of Ashland Equipment, the Belcamp, Md., dealer. Ashland has a large contract equipment presence in its home state, Delaware, Virginia, and Washington, D.C., markets, serving healthcare, higher education, K-12, business and industry, and restaurant segments. Rod White will continue leading the new division, which… read more
Global Foodservice Newsletter – September 1, 2017 Edition
The Middleby Corporation Acquires QualServ Solutions, LLC The Middleby Corporation announced the acquisition of QualServ Solutions, LLC, a global commercial kitchen design, manufacturing, engineering, project management and equipment solutions provider. QualServ, based in Fort Smith, Ark., has annual revenues of $100 million. “QualServ is a respected industry leader providing a unique set of services and… read more
Global Foodservice and Equipment Newsletter – August 15, 2017 Edition
Potbelly Mulls Sale amid Disappointing Earnings The Chicago-based sandwich maker reported second-quarter earnings that missed expectations. The company is “undertaking a comprehensive review of our business strategy,” interim CEO Michael Coyne said in a statement. Coyne said Potbelly tapped J.P. Morgan Securities “as our financial advisor to assist with this review and development of strategic… read more
Global Foodservice and Equipment Newsletter 8.1.17
Corrie Byron has been appointed President of Franke Coffee Systems North America Byron will be responsible for accelerating sales and growth of the Smyrna, Tenn.-based Franke Coffee Systems business in the U.S. and Canada. Byron will report to Thomas Patrick Meier, CEO of the global Coffee Systems Division headquartered in Aarburg, Switzerland. “Corrie will leverage… read more
Global Foodservice Newsletter – July 15, 2017 Edition
Shawn Kuhlman as director of sales for Canada and Latin America T&S Brass and Bronze Works, a leading international manufacturer of innovative foodservice and commercial plumbing products, has hired Shawn Kuhlman as director of sales for Canada and Latin America. Kuhlman will focus on supporting T&S customers in Canada and Latin American nations, as well… read more
Global Foodservice Newsletter – July 1,2017 Edition
Amazon Rocks Grocery Industry with $13.7B bid to buy Whole Foods Amazon.com’s agreement to buy Whole Foods Market for $13.7 billion, announced recently, is a seismic deal that likely signals major changes in the grocery business. For shoppers, such a deal could ultimately mean lower prices at Whole Foods and more online delivery and pickup options… read more
The BJ Beltram Transaction Represents the 13th Platform Investment in Trivest Fund V
Trivest Partners announces it has recapitalized B&J Food Service Equipment and Beltram Foodservice Group to create BJ Beltram, Inc. The BJ Beltram transaction represents the 13th platform investment in Trivest Fund V, a $415 million fund dedicated to investing in founder/family-owned businesses. BJ Beltram is the combination of two leading foodservice equipment (FSE) distributors: B&J Food… read more
Executive Team Transition and Brand Transformation
Glenn Lunde has assumed the role of President at Togo’s Holdings, LLC, reporting directly to the Board of Directors, following the retirement of Togo’s Chairman and Chief Executive Officer, Tony Gioia. Lunde joined Togo’s as Chief Concept Officer in January as part of the succession planning process, and has been leading Togo’s brand transformation strategies,… read more