Multiple Management Updates, Including Standex Hiring Industry Veteran Fink, Plus Acquisitions for both Imvescor and Argosy Private Equity

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FlashNews from Foodservice Equipment & Supplies

January 11, 2017

Standex Refrigerated Solutions Updates Management FE&S FlashNews

Kevin Fink will become president of Standex Refrigerated Solutions Group, effective Jan. 30, 2017. Fink will succeed Chuck Dullea who had previously announced his retirement.

Excell & NISSCO Update Management, Operating Locations FE&S FlashNews

Ed Lucas is the new vice president of business development for the Excell Marketing & Procurement Group and NISSCO Restaurant Dealer Group, which will relocate to Denver.

Private Equity Firm Buys Rita’s Italian Ice FE&S FlashNews

Argosy Private Equity and MTN Capital have acquired a controlling stake in Rita’s Franchise Company, a Pennsylvania-based Italian ice concept.

Imvescor Restaurant Group to Acquire Ben & Florentine FE&S FlashNews

Imvescor Restaurant Group Inc. reached an agreement to acquire Ben & Florentine, a franchisor in the breakfast and lunch category with more than 40 locations across Quebec, Ontario and Manitoba.

This Week in Foodservice FE&S FlashNews

FE&S blogger Jerry Stiegler’s weekly roundup of foodservice stories.

Halton Hires Harpring to Fill Chain Development Role FE&S FlashNews

David Harpring, former director of global engineering for Yum! Brands, was named director of chain development for kitchen ventilation manufacturer Halton Group Americas.

Server Updates Engineering Team FE&S FlashNews

Server Products hired Matt Anderson to serve as engineering project application manager for the Wisconsin manufacturer of portion-controlled dispensing and point-of-use equipment.

Papa Murphy’s Begins Search for New
FE&S FlashNews

Ken Calwell has resigned from his position as CEO and a director for Papa Murphy’s to pursue other interests. Jean Birch, chair of the board, becomes the take ’n bake chain’s interim CEO.

Del Taco Names New President FE&S FlashNews

Del Taco Restaurants Inc. promoted John Cappasola Jr. to president and chief brand officer.

Glory Days Promotes Cohen FE&S FlashNews

Glory Days Grill, a regional sports-themed family restaurant chain in the East, promoted Gary Cohen to executive vice president.

RAVE Restaurants Elevates Crane to CEO FE&S FlashNews

Former Smashburger executive Scott Crane is the new CEO of Dallas-based RAVE Restaurant Group Inc.

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