November 7, 2012
ALI Group Buys Scotsman Industries
ALI Group, a multi-line foodservice equipment manufacturer, has reached an agreement to acquire Scotsman Industries, a manufacturer of commercial ice machines under the Ice-O-Matic and Scotsman brand names, from private equity firm Warburg Pincus. Terms of the transaction were not disclosed.
IHMRS: The Show Must Go On
Tradeshow organizers take the necessary steps to ensure a smooth opening to the annual event scheduled to run Nov. 10-13 and offer complimentary registration to FE&S readers.
This Week In Foodservice: The Industry Remains in Growth Mode
As economists continue to assess the impact of Hurricane Sandy, there’s still plenty of economic news to report that impacts the foodservice industry, as noted in this edition of This Week In Foodservice. We also take a look at what one analyst has to say about the potential outcomes of the general election.
TableCraft Acquires Professional Bakeware Company
TableCraft Products Company has acquired Professional Bakeware Company, a Willis, Texas-based company that manufactures cast aluminum and coated buffetware. Professional Bakeware’s complete line of products is now available from TableCraft.
Consumers’ Appetite for Beverages Grows
Seventy-one percent of consumers now purchase beverages away from home twice a week or more, according to Technomic’s “Beverage Consumer Trend Report.”
Miles Promoted to CEO of Zoës Kitchen
Fast-casual chain Zoës Kitchen promoted Kevin Miles to chief executive office from president and chief operating officer.
First Watch Adds Chief Development Officer
First Watch named Richard Renninger, a 20-plus year veteran of the real estate and restaurant industry, its chief development officer. In his new role Renninger is responsible for new restaurant development, strategic planning and generating new and alternative means to maximize return on capital investments.
Air Curtains from Around the World
Ever wonder why and where air curtains are used? From hospitals to butterfly houses to manufacturing facilities to paint booths, Mars Air Curtains can be found from sea to shining sea.
Ker’s WingHouse Adds a Pair to its Management Team
Ker’s WingHouse Bar & Grill, a Largo, Fla.-based sports-themed wing and casual dining restaurant chain, named Rick Akam chief operating officer and Jim Humboldt chief financial officer.
Middleby Buys Broiler Maker
The Middleby Corporation has acquired Nieco Corporation, a manufacturer of automatic broilers for the commercial foodservice industry. Nieco has annual revenues of approximately $20 million and is headquartered in Windsor, Calif., according to a Middleby release.
Restaurant Performance Index Declined in September
The National Restaurant Association’s Restaurant Performance Index declined to 100.4 in September, down 0.3 percent from August. Despite the decline, September represented the 11th consecutive month the RPI exceeded 100, indicating expansion in the index.