The largest shareholders behind the massive Flynn Group are considering a sale of a majority stake, according to media reports. The Flynn Group is reportedly considering a sale, according to multiple media reports, citing unnamed sources. The massive franchise operation, founded by Greg Flynn, is considered the world’s largest franchisee with more than 2,600 restaurants… read more
Jay Pandya, who declared personal bankruptcy in December only to have it terminated, is again seeking debt protection after his company lost a lawsuit filed by US Foods. The owner of Boston Market is giving bankruptcy court another shot. Jignesh “Jay” Pandya and his wife, Mital, on Friday declared personal bankruptcy in Pennsylvania, less than… read more
The company celebrates the start of operations at its new facilities, promoting local development and community collaboration Sofidel, a leader in the paper products industry, celebrates a significant milestone with the start of its first production at its newly opened facility in Duluth, Minnesota. The company marks this moment as the beginning of a new… read more
Recognized company stands out among the top 10% selected globally for sustainable excellence Essity has been included, for the third consecutive year, in the S&P Global Sustainability Yearbook. Within the review of more than 9,400 companies worldwide, the company is part of the top 10% selected for this year’s Yearbook. S&P Global, an international financial… read more
ODENTON, Md., Jan. 31, 2024 /CNW/ — Two leading national away-from-home sales and marketing agencies, KeyImpact Sales and Systems (KeyImpact) and Waypoint have formed the preeminent foodservice agency in North America and will be named Acxion Foodservice (www.acxion.com). Acxion (pronounced “action”) has an exclusive focus on foodservice with comprehensive food and non-food sales, marketing, culinary… read more
IoT has become an indispensable tech solution for the restaurant industry. Integrating IoT devices and connectivity drives efficiency, enhances food safety, mitigates risks, increases transparency, reduces waste, and provides many other benefits for restaurants. In fact, leveraging IoT is revolutionizing the sector by optimizing supply chain management, enhancing the customer experience, and facilitating data-driven decision-making…. read more
ParTech, a global restaurant technology company and provider of unified commerce solutions for enterprise restaurants, announced the integration of MENU Link with Grubhub, a leading online and mobile food ordering and delivery platform. MENU Link is PAR’s marketplace order management system and part of the PAR MENU ecosystem. Building off PAR and Grubhub’s existing partnership,… read more
The future of the foodservice industry will be shaped by a range of disruptive themes, with the internet of things (IoT) being one of the themes that will significantly impact the potential growth of leading companies in the industry. A detailed analysis of the theme, insights into the leading companies, and their thematic and valuation… read more
With nearly 50K attendees, AHR Expo returned to Chicago with gusto, and an even sharper focus on decarbonization, refrigerants and efficiency. WESTPORT, CT, Jan. 31, 2024 – The AHR Expo (International Air-Conditioning, Heating, Refrigerating Exposition) returned to Chicago for a lively week of learning, reconnecting, perusing and demonstrating everything new coming to market in HVACR…. read more
St. Louis, Mo. — Marcone Group, a leading national distributor of commercial kitchen, appliance, HVAC, plumbing and pool and spa parts and equipment, announced today that Randall Hudspeth is leading its HVAC division. Randall Hudspeth As President of Marcone HVAC, Hudspeth will continue building on the momentum behind growing the company’s HVAC business. Marcone HVAC encompasses… read more