Foodservice Equip & Supplies News
The ‘Next Steps’ Guide Shows Operators what they Should do if they Receive a Grant, besides Spend it Wisely
The National Restaurant Association has released a guide for restaurants and bars that applied for the Restaurant Revitalization fund, which opened on May 3, including records to maintain and keep track of and learning how to address new funds in tax filings. Keep a copy of all submitted records, including the application itself Keep all…
Read MoreItaly’s Ali Group makes $3.3B cash bid for US rival Welbilt
Italian foodservice equipment maker Ali Group has made a $3.3 billion cash offer for U.S. rival Welbilt, a source close to the matter said on Friday, surpassing an offer made for the company last month. The source added that Ali Group is offering $23 for each Welbilt share. The news was first reported by the…
Read MoreSpaceman USA to Acquire Food Equipment IOT Tech Startup BDE Innovation.
Forte Supply LLC, the Parent company of Spaceman USA and BDE Innovation has entered into a definitive agreement under which Spaceman USA will acquire BDE Innovation, enhancing the Spaceman USA equipment platform with a portfolio of IoT and dispensing technologies. This transaction brings technology enhancements as well as Marcus Buscemi Jr., CEO of BDE Innovation…
Read MoreEquipment Giant Middleby to Buy Welbilt for 2.9B
Foodservice equipment manufacturer Middleby Corp. is acquiring smaller competitor Welbilt for $2.9 billion, adding to its wide array of equipment and technology for commercial kitchens. The deal will combine the companies’ “distinct but complementary portfolios” and help expand Middleby’s global footprint, the companies said in a statement. It also advances Middleby’s investments in newer technologies…
Read MoreAutomation Can Offer Cost, Time and Labor Savings
Incorporating automated and robotic systems into meat and poultry processing operations is a growing trend in the industry, but that doesn’t mean every plant should necessarily make the switch. There are a number of things to be considered when automating operations, many of which were shared during the North American Meat Institute’s virtual Meat Industry…
Read MoreStarbucks Tests out Reusable Cup Rental Service at Select Seattle Stores
Starbucks announced that they will be scaling up single-store tests of their reusable cup rental service, Borrow a Cup, at five stores in Seattle this spring, from March 30 through May 31, coinciding with Earth Day. In partnership with Go Box — which has worked with other smaller chains like Dig on returnable, reusable food,…
Read MoreAshley Agnew promoted to Customer Success Manager at Chrane Foodservice
Customer Success Manager at Chrane Foodservice Solutions Mrs. Ashley Agnew has been promoted to the newly created role of Customer Success Manager at Chrane Foodservice Solutions. From a long career in the foodservice industry, including almost nine years as a Chraniac, Ashley joined the Chrane leadership team as of March 3, 2021. Per Meredith Mulliken, Chrane’s…
Read MoreEnsuring Food Safety when Cleaning Conveyors
Production room sanitation is not as simple as pulling out a water hose. Food safety requires well-thought-out procedures that are understood and followed by the cleaning team. “In the food production environment, we often see dry cleaning with compressed air, sweeping up heavy debris, and then completing a full wet clean with sanitizers and rinse,”…
Read MoreStimulus Checks could Give Restaurants a Boost for up to 7 Weeks, Research Shows
The $1,400 stimulus checks that will be distributed to Americans under a certain income threshold (likely $75,000 for individuals and $150,000 for households) as part of President Joe Biden’s American Recovery Plan could lift restaurant sales by low-mid single digits for up to seven weeks, an analysis from Bloomberg Intelligence released Wednesday predicts. In comparison,…
Read MoreFreddy’s Frozen Custard Sold to Thompson Street Capital Partners
Thompson Street Capital Partners has acquired Freddy’s Frozen Custard & Steakburgers, the 360-unit fast-casual concept, the St. Louis, Mo.-based private equity firm said. Terms of the deal with the Wichita, Kan.-based Freddy’s were not disclosed. Freddy’s was founded in 2002 in Wichita and features a menu of steakburgers, shoestring fries, and frozen custard. The company…
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