December 20, 2017
Emerson to Buy Cooper-Atkins
Emerson has agreed to acquire Cooper-Atkins, a manufacturer of temperature management and environmental measurement devices and wireless monitoring solutions for foodservice and other industries.
Qdoba Sold to Apollo
Jack in the Box will sell its Qdoba concept to Apollo Global Management, a private equity firm, for $305 million. The deal is expected to close in April 2018.
Captain D’s Sold to Sentinel Partners
Private equity firm Sentinel Capital Partners has acquired quick-serve restaurant chain Captain D’s from Centre Partners, another private equity firm.
Restaurant Sales Up, Menu Prices Still Increasing More Than Grocery Prices, and Subway’s Issues
Restaurant sales increased in November. Menu prices continue to increase faster than grocery store prices. The National Labor Relations Board dropped the Joint Employer Rule. Subway has some serious problems. These stories and a whole lot more This Week in Foodservice.
Four Captain D’s Execs Reel in Promotions
Captain D’s expanded its leadership team by promoting company veterans Tim Ward and Andy Castle to chief operating officer and vice president of company operations, respectively.
Kelly Becomes Sales Manager for
Michael Kelly was named sales manager for ThermalRite, a cold storage manufacturer that’s part of Everidge.
Unified Brands Names Parke VP of
Unified Brands hired Chuck Parke to serve as vice president of operations for the multiline foodservice equipment manufacturer.
ACP Names Willoughby VP of Sales and Marketing
ACP introduced Steve Willoughby as vice president of sales and marketing for the manufacturer of commercial microwaves and speed ovens.
Homer Laughlin Names Sakurai Central Regional Sales Manager
The Homer Laughlin China Company appointed Mariko Sakurai to serve as its central regional sales manager.
Instagram-Worthy Food and Drink
See how chefs from all parts of the foodservice community approach creating menu items that garner social media attention.
This marks the final edition of FlashNews for 2017. We look forward to delivering more fresh content – in a freshly designed mobile-friendly layout – in the year ahead and sincerely wish you all the best as 2017 comes to a close.