GMCW announced a transition in its leadership team on August 7. Nestor Ibrahim has been elevated to CEO, succeeding Michael Tinsley, who recruited Ibrahim more than a year ago to assist him in the integration and consolidation of the business. Ibrahim has spent more than 25 years in the industry, most recently with The Middleby…
MOREIn a move to broaden its reach as a global supplier, Hoshizaki America has announced its acquisition of a Brazilian foodservice equipment manufacturer. The Peachtree City, Ga., company has purchased Acos Macom Industria E Commercio Ltda. Terms of the deal were not disclosed. Macom, based in Sao Paolo, manufactures refrigeration and cooking equipment and stainless…
MOREThe waning hours of 2012 brought one last major story in the foodservice equipment business: Middleby Corp. has acquired Viking Range Corp for $380 million in cash. The deal was announced Dec. 31. Viking, a leading maker of residential cooking ranges, ovens and kitchen appliances, has approximately $200 million in annual revenues. The brand also…
MORETechnomic Inc. predicts foodservice operator sales will fall 0.3% in real terms next year, an unprecedented fourth consecutive year of real sales declines. The Chicago-based research group unveiled the numbers Sept. 23 during the annual Forecast & Outlook Conference sponsored annually by the International Foodservice Manufacturers Association. Nominal sales are forecast to rise 1.7% in…
MOREWelcome to this Special Products Edition of FER Fortnightly Online Newsletter, featuring products from leading manufacturers that advertised in the September 2013 issue of Foodservice Equipment Reports.
MOREAlto-Shaam introduces its new series of drop-in Round Soup Well, available in both 7- and 11-quart sizes (6.6 and 10.4 liters). Incorporating Alto-Shaam’s Halo Heat technology and EcoSmart design, these units extend food quality and shelf life while providing operational cost savings. Halo Heat gently surrounds the food well providing consistent and gentle radiant heat…
MOREAmerican Panel’s modular series of blast chillers and shock freezers make site restrictions a thing of the past. These units are assembled in the field, the same way a typical walk-in is erected. No more wondering how you’re going to get that large piece of equipment through the door. The new modular series also features…
MOREThe FMP Universal Fryer Splash Guard is a great way to add protection to your fryer and your kitchen. According to the National Fire Prevention Association’s code 96, deep fryers must be located 16 in. from an open-flame cooking source to prevent grease fires. If that is not possible, an 8-in. protective barrier can be…
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