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Ali Group Completes Scotsman Acquisition
It’s a done deal: The Italian foodservice equipment conglomerate The Ali Group has successfully closed on its previously announced definitive agreement to acquire Scotsman Industries, the world’s largest commercial ice-machine company, from a private equity firm. Terms of the transaction were not disclosed. The half-century old, closely held Ali Group is headquartered in Milan, Italy.…
Vollrath Acquires A Second Plastics Maker, Acryfab Inc.
The Vollrath Co. will be expanding its brand into acrylic dispensing, display and fabrication products with its latest acquisition, fellow Wisconsin manufacturer Acry Fab Inc. The Sun Prairie, Wis.-based company is Sheboygan-based Vollrath’s second acquisition of a plastics manufacturer in the last two years; it acquired Traex Co. in April 2011. The Acry Fab product…
Unified Brands Acquires Power Soak Systems
Unified Brands announced Dec. 20 that it has acquired Power Soak Systems, a privately held manufacturer of continuous-motion warewashing systems. Power Soak is headquartered in Kansas City, Mo., and has a manufacturing facility in Pryor, Okla. Financial terms of the transaction were not disclosed. “The acquisition of Power Soak Systems will leverage our channel with…
Chefs’ Toys Acquires Star Restaurant Equipment & Supply
Chefs’ Toys has acquired the assets of Star Restaurant Equipment & Supply of Van Nuys, Calif. Through the deal, which was official Dec. 3, Fountain Valley, Calif.-based Chefs’ Toys will operate Star as a fourth branch of its E&S group. Chefs’ Toys, headed by Steve Dickler and Mike Krepistman, also has branches in Anaheim and…
Texas-Based Mission Buys Fellow Lone State Dealer
San Antonio-based Mission Restaurant Supply has acquired Metroplex Restaurant Equipment, a Fort Worth, Texas-based E&S dealership. Terms of the deal were not disclosed. Metroplex’s previous owners, Danny Terrell and Ed Stephens, will remain active in the business. The acquisition represents Mission’s initial entry into the Dallas-Ft. Worth market. In addition to its San Antonio headquarters,…
Taking Stock At Year-End
We write a lot about the future in this space, trying to help you assess what the E&S market may bring in the way of opportunities and challenges. But it’s also good to look at the recent past. As we approach the end of 2012—this is our last e-newsletter of the year and the winter…
Training Program For U.S. Vets Builds Database
Foodservice equipment is getting more complex and the need for trained technicians is ever-growing. Also increasing is the stream of veterans returning from military service overseas who need jobs in the civilian sector. Service and equipment repair companies are part of a new program, TechU24, to recruit and train returning military personnel as foodservice equipment…
In Memoriam: Rep Ray Ward
Long-time MAFSI member and past president Ray Ward died suddenly on Dec. 5. Ward spent 30 years as a manufacturers’ rep in upstate New York, where he was a principal of Rochester-based Quality Rep Source. The firm merged in 2007 with Bassett-Carragher Associates to form Link2 Hospitality Solutions. Three years ago, he took a post…
In Memoriam: Hiawatha Founder Lois Thompson
Lois Thompson, 85, the founder of Hiawatha Chef Supply, passed away Nov. 27 after a long battle with emphysema. The former Lois Murker started the Escanaba, Mich., dealership in 1955, in partnership with Doug Wescott. “There were very few woman-owned businesses in 1955 and none in the foodservice industry,” Thompson said later. “I signed all…
California Creates Site To Help Operators With Tax Issues
The California State Board of Equalization has launched a new online sales and use tax guide for restaurant owners to assist operators in navigating the state’s maze of tax issues. The interactive website provides both general and specific information, and includes links to forms, specific articles regarding laws and permits, and schedules for training seminars…
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