Breaking news for the full foodservice equipment and supplies distribution channel. Includes information on dealers, distributors, design consultants and multi-unit operators spanning leadership changes, mergers and acquisitions, trends, data and much more.
The consumption of breakfast and morning snacks is forecast to grow faster than the U.S. population over the next few years, reports The NPD Group.
Two dealer-based foodservice equipment and supplies buying groups have formed a strategic alliance. Under the terms of this new arrangement, Excell Marketing & Procurement Group and NISSCO Restaurant Dealer Group will go to market under a common umbrella, EMPG Holding Company.
In a deal valued at an estimated $1.35 billion, JAB Beech Inc. has agreed to acquire Krispy Kreme. At the close of the transaction, Krispy Kreme will be privately owned and will continue to be independently operated from Krispy Kreme’s current headquarters in Winston-Salem, N.C.
The Culinary Institute of America recognized the careers and contributions of four culinary professionals by presenting them the organization’s Augie Awards. Named for French Chef Auguste Escoffier in recognition of his unwavering pursuit of excellence, creativity, and professionalism, the Augie Awards honor members of the food and foodservice business who exemplify those traits.
Frozen dessert equipment manufacturer Stoelting Foodservice named Russell Food Equipment Ltd. its distributor for the Canadian provinces of Newfoundland, New Brunswick, Nova Scotia, Prince Edward Island, Manitoba, Saskatchewan, Alberta, and British Columbia.