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Cornerstone Foodservice Group Acquires Astra Manufacturing

Cornerstone Foodservice Group added a third company to its portfolio through the acquisition of Astra Manufacturing Inc., a designer and manufacturer of coffee equipment for both the commercial and home segments.

Richard Hourizadeh, president and founder of Astra Manufacturing, will remain with the company, per a release announcing the transaction. Founded in 1993, Astra produces professional espresso machines, steamers, grinders and other coffee-related accessories.

Cornerstone acquired Spring USA in September 2016 and Lloyd Pans in July 2017.