March 8, 2017
Private Equity Firm to Invest in Edward Don & Company
Vestar Capital Partners, a middle market private equity fund, plans to invest in Edward Don & Company, the Woodridge, Ill.-based foodservice equipment and supplies dealership. Financial terms of the deal, which is expected to close during the first quarter of 2017, were not disclosed.
FE&S’ 2017 Performance in Tabletop
The front of the house gets top billing as FE&S celebrates the highest-ranked tabletops in the foodservice industry.
This Week in Foodservice
McDonald’s determines who its competition is. Technomic reports sales of prepared food in super markets is growing at a double-digit clip. Internet sales drive Domino’s volume. These stories and a whole lot more This Week in Foodservice.
IFMA Announces 2017 Silver Plate Winners
The International Foodservice Manufacturers Association announced the eight recipients of its 2017 Silver Plate Awards.
Foodservice Equipment and Supplies Increase by 4+ in the Fourth Quarter
Sales of foodservice equipment and supplies increased 4.4 percent in the fourth quarter of 2016, according to the Manufacturers’ Agents Association for the Foodservice Industry’s Business Barometer. Reps project the same 4.4 percent sales increase for all of 2017.
Electrolux Acquires Grindmaster-
Electrolux has acquired equipment manufacturer Grindmaster-Cecilware, which will become part of the Professional Products division of Electrolux.
AutoQuotes Hires VP of Sales & Business Development
AutoQuotes appointed Ross Buel to serve as the company’s vice president of sales and business development, effective April 3.
Sodexo Announces Changes to its Group Executive Committee
Contract foodservice provider Sodexo announced a series of changes to its executive committee.
Popeyes to get new CEO
Cheryl Bachelder will step down from her post as CEO of Popeyes Louisiana Kitchen at the closing of the company’s previously announced sale to Restaurant Brands International Inc. RBI will name a new Popeyes leader at that time.
800 Degrees Pizza Appoints Tommy Lee as CEO
800 Degrees Pizza, a chain of Neapolitan-style pizzeria restaurants, appointed Tommy Lee to serve as chief executive officer, effective immediately.