Tag Archives: acquisition

Middleby Corporation

Middleby Corporation acquires food preparation equipment maker

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

Maclay Inns

BREAKING NEWS: Stonegate shakes hands on £101m takeover of Revolution bar chain

The board of bar group Revolution said this morning that it has reached an agreement that will see it taken over by Stonegate in a deal worth £101.5m. Stonegate is the fourth largest managed pub company in the UK in terms of number of operating sites, trading from 689 premises. It began trading in November

Maclay Inns

Stonegate opens £100m takeover talks with Revolution Bars Group

Stonegate Pub Company has opened talks with Revolution Bars Group about a potential takeover that would value the bar chain at around £100m. Revolution confirmed that it received a conditional proposal from Stonegate to acquire the business at a cash price of £2 per share in a filing to the London Stock Exchange. The firm

Chris Birch and Martyne Manning, Swift Maintenance Services

Refrigeration provider scales up after buy-out

A West Midlands refrigeration installation and maintenance company has been bought out – securing existing jobs and creating four new posts all within the first eight months of new ownership. Swift Maintenance Group has added Huntley Refrigeration, based in Coventry, to its portfolio of companies that also includes Knight Catering, Swift Maintenance Services and Swift

Sveba Dahlen pizza oven

Middleby consolidates oven market with Sveba Dahlen takeover

Middleby Corporation has acquired Sveba Dahlen Group, one of Europe’s most established suppliers of pizza ovens and planetary mixers in what represents further consolidation of the global catering equipment market. The company, which has been operating for 70 years, sells its products under the Sveba Dahlen, Glimek and Bear brands, which in the UK market

Panera Bread Company

£6 billion restaurant chain mega-merger is biggest deal of year

One of the largest acquisition deals that the global foodservice sector is likely to see this year was announced yesterday after the owner of Krispy Kreme Doughnuts and Caribou Coffee paid $7.5 billion (£6 billion) for the Panera Bread Company. Private investment firm JAB, which has controlling stakes in a raft of coffee and cafe

Gilberts Food Equipment

Gilberts commercial kitchen equipment business merges into Eddingtons

Light equipment and housewares supplier Eddingtons has bolstered its commercial foodservice division by acquiring selected assets of Gilberts Food Equipment. The agreement sees Eddingtons gain control of stock and intellectual property relating to Gilbert’s foodservice business, which has been supplying professional equipment to chefs for more than 60 years. Gilberts managing director, Richard Gilbert, has

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