- Published: February 22, 2019
- Written by The Editors
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.
Irinox North America, a manufacturer of blast chillers and shock freezers for the commercial foodservice industry, added Robert Bratton to its sales organization. Bratton will serve as corporate chef and regional sales manager for Northeast U.S. and Eastern Canada.
Lemonade Restaurant Group and Modern Market Eatery will merge to form Modern Restaurant Concepts, a self-described better-for-you restaurant platform. Both Lemonade and Modern Market Eatery are part of a portfolio of companies owned by Butterfly, a Los Angeles-based private equity firm. As part of the transaction, global investment firm KKR will contribute its investment in Lemonade to the merger and become a shareholder in Modern Restaurant Concepts alongside Butterfly and the management team. Financial terms of the transaction were not disclosed.
Anthony Pigliacampo and Rob McColgan, co-founders and co-CEOs of Modern Market Eatery will lead Modern Restaurant Concepts, while Larry Kurzweil, most recent CEO of Lemonade, will resume his role as operating partner of Butterfly and advisor to the company.
As a result of the merger, Modern Restaurant operates 58 restaurants across 10 markets including Denver; Austin, Texas; Dallas; Phoenix; Washington, D.C.; Maryland; Los Angeles; San Francisco; San Diego; and Orange County. The Lemonade and Modern Market Eatery brands will each continue to operate and expand both in existing and new markets via corporate growth in addition to franchising and licensing, per a release announcing the transaction. “We're excited to continue to work alongside these two highly differentiated concepts to expand their footprint throughout the country and internationally,” added Dustin Beck, Butterfly's other co-founder.
To help drive that growth, Modern Restaurant Concepts hired Jim Sullivan to serve as chief development officer. He comes to Modern Restaurant Concepts from CKE Restaurant Holdings, parent company for Carl's Jr. and Hardee's, where he held the same title. “With Lemonade and Modern Market Eatery under one roof, we will have an offering that will thrive in more markets and nontraditional foodservice outlets across the U.S. than any comparable single-concept company,” said Sullivan. “We look forward to partnering with franchisees and landlords across the country to bring these great concepts to their markets and customers.”
The North American Association of Food Equipment Manufacturers elected two individuals and re-elected three other people to serve on the organization’s board of directors.
The International Foodservice Manufacturers Association named the nine foodservice operators that are the recipients of its 2019 Silver Plate Awards.
For the second consecutive year, Chick-Fil-A and In-N-Out Burger earned the top spots in Sandelman’s Awards of Excellence. These awards recognize excellence among quick-service restaurants.
Middleby Corp. Company veteran Timothy FitzGerald was named CEO and a member of Middleby’s board of directors. David Brewer was promoted to executive vice president and chief operating officer for the manufacturer of commercial foodservice equipment. And Gordon O’Brien, who has served as lead independent director of the Middleby board of directors since 2010, assumed the role of chairman of the board.Selim Bassoul has retired from his role as chairman, president and chief executive officer of
Tuxton China Inc. hired Pamela Perkins to serve as Western regional sales manager.
Diversified Foodservice Supply (DFS) named Keith Kelly vice president and general manager of its Tundra Restaurant Supply division. He replaces Cara Schlarb, who became vice president, merchandising and product development for DFS.