Culinary Depot continued its expansion in the Southeastern U.S. with the acquisition of Restaurant Warehouse, a Florida-based foodservice equipment and supplies dealer with three locations. The financial terms of the deal were not disclosed.
“It’s with great anticipation that we go forth with the acquisition and continue to build on the strong foundation put in place by Mark Immerman,” says Michael Lichter, CEO of Culinary Depot.
Restaurant Warehouse’s three locations will now do business as Restaurant Warehouse by Culinary Depot. Allison Folino will oversee operations of the South Florida locations while Marco Calderon will lead the sales efforts as South Florida retail sales manager. Both Folino and Calderon are longtime Restaurant Warehouse employees.
“The Florida market is an ever-expanding market with tremendous potential. For several years now, we’ve had a satellite office serving the local businesses. It’s all about servicing our customers better and a retail location where we can meet our customers and allow them a hands-on experience with the equipment provides that personal relationship which is our primary passion,” says Sholem Potash, president and founder in a release.
Culinary Depot reported annual revenues of $110 million in 2021, making it the 17th largest foodservice equipment and supplies dealer in the country, per FE&S 2022 Distribution Giants study. This is the latest in a series of developments pertaining to the New York-based dealer. In May, for example, Culinary Depot promoted Neil Posen to director of project management. And in February, Culinary Depot promoted Israel Wolner to the newly created role of national director of contract sales.
