Tag Archives: acquisition

DC Products modular icemaker

Catering equipment manufacturer DC Products sells business to JLA Group

Catering equipment manufacturer DC Products sells business to JLA Group

DC Products, the warewashing equipment and ice machine manufacturer, has been acquired by the JLA Group. The takeover marks the first time that JLA has bought a catering manufacturer after a spell of snapping up seven independent kitchen design and service firms over recent years. DC Products confirmed this morning that following the ownership it

Adam Elliot, CEO, Concerto Group (left) and Bill Toner, CEO, CH&Co Group

Catering firms merge businesses to create £300m ‘one-stop-shop’

CH&Co Group this morning confirmed it is merging with events catering and services company Concerto Group in a deal that creates a business worth £300m in sales. The move puts the business in a position of being able to offer clients a one-stop-shop that meets all event requirements, including venue finding and booking, catering, production

YO! Sushi Bluewater

YO! Sushi creates world’s largest sushi chain with £59m takeover deal

YO! Sushi has given its international growth plans a massive boost by agreeing a £59m deal to take over North America’s second largest sushi brand Bento Sushi. Bosses at the chain said the merger would create a “global multi-channel and multi-brand sushi platform” with annualised sales of £175m. The acquisition values Bento at CAN $100m

Des élèves choisissent leurs plats pour déjeuner à la cantine du collège de la Chataigneraie, le 20 Juin 2011 à Autun. Ce collège expérimente un nouveau rythme scolaire où des classes "pilotes" suivent des cours classiques le matin et participent à des activités sportives et culturelles l'après midi.  AFP PHOTO / JEFF PACHOUD (Photo credit should read JEFF PACHOUD/AFP/Getty Images)

UK contract catering market contains 66 ‘high-class’ acquisition targets, study reveals

A study of over 600 contract caterers has identified a group of 66 firms that present the most appealing acquisition prospects for those looking to expand in the sector. Plimsoll’s latest report into the largest 620 contract catering companies operating in the UK identified a total of 66 “high-class” acquisition targets which would enable prospective

Just East website

BREAKING NEWS: CMA clears way for delivery firms to merge their businesses

The Competition and Markets Authority (CMA) has cleared Just Eat’s acquisition of Hungryhouse, following an in-depth phase 2 investigation. A group of independent panel members found that the merger does not raise competition concerns. The web-based food ordering platforms give restaurants the opportunity to reach a wider pool of people, as well as offer consumers the convenience of

CHARLOTTE, NC - NOVEMBER 13:  Cam Newton #1 of the Carolina Panthers runs onto the field to warm up before their game against the Miami Dolphins at Bank of America Stadium on November 13, 2017 in Charlotte, North Carolina.  (Photo by Streeter Lecka/Getty Images)

Sodexo splashes big with £500m takeover of rival caterer

Sodexo has shaken up the contract catering market by splashing out $675m (£513m) to acquire sports and leisure catering specialist Centerplate from private equity firm Olympus Partners. The acquisition doubles the size of Sodexo’s sports catering business in one move. Centerplate is the fourth largest operator by revenues in the US sports and leisure market,

Middleby Corporation

Middleby Corporation acquires food preparation equipment maker

The Middleby Corporation has snapped up Globe Food Equipment Company, one of the world’s leading manufacturers of commercial slicers and mixers. Based in Ohio, the company will add around $50m (£38m) in annual sales to Middleby’s top line if it maintains its current run-rate. Globe’s most recent move was to expand its line-up of electric sandwich grills with

Andrew Seymour grayscale

EDITOR’S VIEW: Global chains want their kitchen services streamlined – and it’s forcing suppliers to behave differently

The first thing I did when I heard that Middleby Corporation was buying one of the largest kitchen dealers in the US last month was check to see how the news had been reported in its homeland. I can’t say I was surprised when I saw that the country’s most renowned industry trade publication had

Sports Bar & Grill

Stonegate takes first steps into transport hub foodservice market

Stonegate Pub Company has completed a transaction to acquire Bar Holdings, which operates five bars trading under the Sports Bar & Grill brand. The bars being acquired are located in prime London locations in Waterloo, Marylebone, Victoria, Farringdon and Canary Wharf. Sports Bar & Grill focuses on a sports-oriented, drink-led offering, which Stonegate insists is

Kitchen fabrication

Middleby Corporation to offer kitchen fabrication to global restaurant chains after buying distributor

The Middleby Corporation is planning to offer its global restaurant chain customers additional services, including commercial kitchen fabrication, after acquiring one of America’s top catering equipment distributors. In a move that deviates from its usual strategy of purchasing product-led manufacturing businesses, the purchase of QualServ Solutions, for an undisclosed sum, gives Middleby a significant leg-up