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Advance Tabco Stainless Mop Cabinets Save Space
Advance Tabco has introduced new single- and double door mop sink cabinets as a stainless alternative to a separate janitors’ closet. Both styles feature a 10″ mop sink, holders for two mops and a chemical storage shelf. The double-door unit adds additional storage shelving and a ground-level area to roll in and store a mop…
Middleby Corp. Acquires Viking Range For $380 Million
The 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…
Make Safe Ice, Serve Safe Ice
Want clean, sanitary ice? Commit to regular, thorough cleaning of your ice machine’s internals. Here’s how to hunt down hidden slime and scale.
IHOP Stacks Up New Unit Deals In Asia Pacific
IHOP opened its first store in the Philippines in March and will expand its pancake empire throughout the Asia Pacific region under a franchise agreement with InterDine Corp. IHOP parent DineEquity says 20 units will open in the Philippines over the next five years; others should follow in Malaysia, Taiwan, Thailand, Singapore and Vietnam. The…
The Government Is Calling: Turn In Your Economic Census
Did you forget to fill out and return the 2012 Economic Census? If you haven’t responded to the mandatory survey, you can anticipate receiving a letter or phone call from the U.S. Census Bureau in the weeks ahead. You can head off that questioning and save the government a few cents by going online and…
In Memoriam: Rep Ed McCarthy
Ed McCarthy, retired owner of North Star Agency in Edina, Minn., died May 22. He was 84. Although retired from the agency, McCarthy remained active in the business until he experienced a heart attack while driving near his home. A longtime member of MAFSI, he is remembered as a great storyteller who was proud of his…
Hatco Acquires Ovention Inc.
Hatco Corp. has acquired Ovention Inc., the Dallas-based oven technology company. Ovention owns the rights to the Matchbox Oven, recognized earlier this year by the National Restaurant Association with a Kitchen Innovations Award. Ovention was founded by Phil McKee, who also was co-founder of TurboChef Inc“We are very excited about the Ovention technology and its…
India Adds Three Pinkberry Units In 24 Hours
Frozen yogurt retailer Pinkberry has expanded into India and opened three stores— in Mumbai, Bangalore and Chennai—in one day. The Santa Monica, Calif., chain has regionalized the menu for India, its 19th global market. It’s partnering there with JSM Corp., which has a portfolio of independent restaurants and is India’s exclusive master franchisee for brands…
Jake’s Inks Middle East Expansion Deal
Jake’s Wayback Burgers has grown to 72 stores in 22 states since its debut in Newark, Del., in 1991. Now it will have a presence in 28 countries in the Middle East and Africa. The Cheshire, Conn., chain has entered the international arena through an agreement with Topaz Mena LLC, a Saudi Arabian firm that…
Equity Firms Buy Coffee Bean & Tea Leaf
A group of private-equity investors, including firms from Taiwan and South Korea, has acquired Los Angeles-based The Coffee Bean & Tea Leaf. Terms were not disclosed for the transaction, which was completed Sept. 12. The capital investment comes from global buyout firm Advent International, represented by Will Kussell, previously president of Dunkin’ Donuts Worldwide. He’ll…
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