January 2, 2013
Kittredge Acquires Northeast Food Service Equipment and Supply
Agawam, Mass.-based Kittredge Equipment has acquired Northeast Food Service Equipment and Supply, a foodservice equipment and supplies dealer located in Bow, N.H. Terms of the deal were not disclosed.
Middleby Buys Viking for $380 million
In a move aimed at expanding its sales in the residential sector, the Middleby Corporation has acquired Viking Range Corporation for $380 million in cash. Mississippi-based Viking manufacturers premium residential cooking ranges, ovens and kitchen appliances and has approximately $200 million in annual revenues.
Lakeside Manufacturing Adds a Pair to Sales Team
Lakeside Manufacturing named Marty Palazeti its eastern regional sales manager and Don Smith its western regional sales manager for the company’s Sandstone Foodservice Group Brands.
Celebrate 2013 Oktoberfest in Germany!
Chain Operating Report for Jan. 2, 2013
Blaze Pizza, Capriotti’s Sandwich Shop, Dairy Queen, Jimmy’s Egg and Kona Grill update expansion plans.
This Week In Foodservice: A Look at the New Year
While their bottom lines may be similar, the 2013 foodservice industry forecasts prepared by Technomic and the National Restaurant Association offer some interesting contrasts.
Restaurant Performance Index Improves to 99.9
The National Restaurant Association’s Restaurant Performance Index (RPI) climbed to 99.9 in November. Despite this 0.5 percent increase November was the second consecutive month where the RPI stood at less than 100, signaling contraction among the collection of foodservice industry key economic indicators.
Remembering Erwin Shakin
Erwin Shakin, founder of Consolidated Restaurant Services, established in 1951 in Chicago, and Consolidated Commercial Controls, now known as AllPoints Foodservice, passed away on December 24. He was 83 years old.
Randell 8000N Series Prep Tables
Designed to withstand the harshest kitchen environments, the 8000N Series by Randell is the easiest to control & easiest to clean prep table available. It’s no wonder 3 of the top 4 pizza chains rely on Randell to keep their food cold & fresh!
Standex Announces New Hires, Personnel Moves
Standex Cooking Solutions Group announced a series of personnel moves in its sales and marketing departments.
Unified Brands Makes a Splash with Power Soak Acquisition
Unified Brands, a multi-line manufacturer of foodservice equipment, has acquired Power Soak Systems, a privately held manufacturer of continuous motion warewashing systems. Financial terms of the transaction were not disclosed.
Vollrath Buys Acry Fab
Vollrath has acquired Acry Fab, a Sun Prairie, Wisc.-based manufacturer of display and food accessory dispensing products. Acry Fab is Vollrath’s second acquisition of a plastics manufacturing company in the last two years, having acquired the Traex Company in April 2011.
Ready or Not, Healthcare Law to Move Forward
Menu labeling and insurance mandates loom large for the foodservice industry.