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.
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.
SEFA, an Illinois-based foodservice equipment and supplies buying group, announced its annual award winners. Among the 34 award winners, Restaurant Depot and Jetro Cash ‘N Carry were named SEFA Member of the Year. SEFA also presented The Vollrath Company with its Supplier of the Year Award.
Smashburger co-founder Tom Ryan will assume the role of chief brand officer for the fast-casual burger concept. Ryan and partner Rick Schaden co-founded Smashburger in 2007. Ryan has since served as chief concept officer, overseeing product development and quality standards.