Stamford, Connecticut-based private equity firm Olympus Partners announced that Sodexo has signed an agreement to acquire Centerplate, a portfolio company of Olympus Growth Fund V, L.P. Centerplate is a global leader in live event hospitality, “Making It Better To Be There®” for more than 116 million guests each year at prominent entertainment, sports and convention venues… read more
Edward Don & Company, a nationwide distributor of foodservice equipment and supplies, announced today the acquisition of certain assets of Atlanta Fixture and Sales Company, Inc., located in Atlanta, Georgia. Since 1927, Atlanta Fixture has been a leading foodservice equipment and supplies distributor in the Atlanta market and throughout the Southeast Region. Atlanta Fixture will… read more
by Gary Miller – RecruitLoop Gone are the days when workplaces are only about drab 9 to 5 routines. Today, employees cherish and value a work environment that gives them more than desks with files on them. Luckily, even employers have begun to understand the value of providing a wholesome and holistic environment at work…. read more
by Travis Bradberry – Ladders Experience and knowledge are rapidly losing their relevance to success in the workplace. Harvard economist David Deming studied workplace tasks from 1980 to the present day and found that those that emphasize social skills grew by a whopping 24%, while tasks requiring technical know-how and intelligence experienced little growth. Deming… read more
by Layla Tabatabaie – Ladders While we wait for AI gatekeepers to be adept enough at detecting and sending trolls back to the murky waters of 4chan where they belong, digital trolls are a reality all people on the Internet must tolerate in the meantime. Some trolls can’t be reasoned with. But for the ones… read more
Globe Food Equipment Now Part of the Middleby Corporation The Middleby Corporation announced the acquisition of Globe Food Equipment Company, a leading brand in slicers and mixers for the commercial foodservice industry. Based in Dayton, Ohio, the company has approximately $50 million in annual sales. “Globe is a trusted leader in food preparation products known… read more
International Paper Co. has agreed to combine its North America consumer packaging business with Graphic Packaging Holding Co. in a deal that values the International Paper division at $1.8 billion, the companies said. Graphic Packaging will own 79.5 percent of the partnership and will be sole operator, and International Paper will own the remainder. The… read more
Leading food packaging manufacturer, LINPAC (Klöckner Pentaplast) has collaborated with meat processor, Dunbia, to introduce a convenient ‘quick roast’ joint pack concept, Prime Cook, to the shelves of major retailer, Co-op. The novel product, which won ‘Best Product New to Market’ at the Supermeat Awards last month (September 2017) has the potential to put the traditional… read more
Ball Corporation’s board of directors has elected Cathy D. Ross, retired executive vice president and chief financial officer from FedEx Express, and Pedro Henrique Mariani, chairman of the board of Banco BBM to serve as directors of the corporation. Ross, 59, worked at FedEx Express, FedEx Corporation’s largest operating unit, in financial roles of increasing… read more
To successfully execute food safety measures and develop a culture of food safety in your restaurant, your entire team must diligently participate. One mistake, such as using a contaminated utensil to handle ready-to-eat food, can lead to foodborne illness and a tarnished business reputation. According to the Center for Disease Control, roughly one in six… read more