The Latest News

FE&S delivers relevant news of the day to the foodservice equipment and supplies marketplace.

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PRIDE Centric Resources, a dealer-owned cooperative in the foodservice equipment and supplies industry, recognized its members and factory partners with a series of awards.

As part of its growth plan, NRD Capital, which owns fast-casual restaurant chain Fuzzy’s Taco Shop, has formed Experiential Brands. The goal of this new entity is to “acquire truly experiential brands in the food and beverage space.”

Hoshizaki Corporation appointed Chris Karssiens to the new role of president of the Americas region. He will serve in this role concurrently with his current position as president of Hoshizaki America. Other equipment lines that are part of Hoshizaki’s Americas region include Lancer Worldwide, Jackson WWS and ACOS Marcom.

Commercial cooking equipment manufacturer Vulcan plans to open a facility dedicated to training, research, support and other activities. The first phase of the facility is set to open in 2022.

Members of the Commercial Food Equipment Service Association elected three individuals to two-year terms on the organization’s Board of Directors.

Zaxby’s CEO and co-founder Zach McLeroy will become company chairman, effective January 2022. Former El Pollo Loco executive Bernard Acoca will become Zaxby’s CEO.

Dave’s Hot Chicken promoted Jim Bitticks to president and chief operating officer. He joined the chicken chain as chief operations officer in July 2020.

Pie Guys Restaurants has acquired Rapid Fired Pizza, a 30-unit fast-casual restaurant chain with locations spanning 6 states. Financial terms of the deal were not disclosed.

PT Holdings, the parent company of foodservice equipment parts distributor Parts Town, has acquired another service company: K&D Factory Service. K&D also owns Pine Tree Food Equipment, which it purchased in 2019. Both K&D and Pine Tree will be part of PT Holdings Service division.

Phil Kafarakis will become president and CEO of the International Foodservice Manufacturers Association, effective November 1, 2021. He takes over for Larry Oberkfell, who announced his intent to return to industry earlier this year. Oberkfell’s time with IFMA spans 12 years.

The Society for Hospitality and Foodservice Management unveiled its leadership for 2021-22. Rob Gebhardt of JLL will become the 2021-22 SHFM president in December. Damian Monticello of GuideWell will transition to immediate past president from president at that time.

Multiconcept operator FAT Brands will add Fazoli’s to its growing portfolio of companies. In a deal valued at $130 million that is expected to close in mid-December, FAT Brands will acquire Fazoli’s from Sentinel Capital Partners, which purchased the Italian quick-service restaurant chain in July 2015.

Two longtime associates acquire Preferred Source. 4-Star Reps adds to its culinary acumen while Greenwald and Mirk add to their line cards.

Bargreen Ellingson acquires Bintz Restaurant Supply Co., a Salt Lake City-based foodservice equipment and supplies dealer that was founded in 1893.

Papa John's International promoted Max Wetzel to executive vice president, chief commercial officer.

Middleby Companies Pitco and QualServ are poised to make investments in their infrastructure.

Stuart Sharp has joined Clipper Corporation as senior vice president of the manufacturer’s foodservice division.

Bernard Acoca has resigned from his roles of president, CEO and director for El Pollo Loco. Acoca left El Pollo Loco to pursue other opportunities, per a release announcing the transition.