Hatco Corp. continued to add to its portfolio as the Wisconsin-based company has acquired Food Warming Equipment Company, a manufacturer specializing in heated holding cabinets, cook and hold ovens, smokers, refrigerated cabinets, transport carts, and more, with locations in Crystal Lake, Ill., and Portland, Tenn. Terms of the deal were not disclosed.
“Like Hatco, FWE has been serving its customers for close to 70 years. Their product quality, combined with their ability to customize their offerings to meet their customers’ needs is exceptional,” said Lorne Deacon, president of Hatco in a statement announcing the deal. “This strategic acquisition strengthens Hatco’s offerings in multiple industry segments and we are excited about our strong future together.”
This is Hatco’s second acquisition in as many months. In October, Hatco acquired American Range, a manufacturer of commercial and residential cooking equipment.