Jestic takes over catering service company
Catering equipment distributor Jestic has started the New Year by adding a comprehensive kitchen repair capability to its offering after taking over ServEquip Assistance. The Kent-based company, which...
View ArticleHenny Penny agrees Wood Stone acquisition
Fryer manufacturer Henny Penny has announced it is acquiring fellow US catering equipment manufacturer Wood Stone, a provider of stone hearth cooking equipment. Henny Penny said the pair’s combined...
View ArticleCold Service Group sold to Italian firm
Commercial refrigeration provider Cold Service Group has been acquired by Italian refrigeration heavyweight Epta. The deal sees Epta take over Cold Service’s Hampshire operations, significantly...
View ArticlePizza Express sold to Chinese investors for £900m
High street restaurant chain Pizza Express has been taken over by a Chinese private equity firm in a deal worth around £900m. Gondola Group, which also owns Zizzi, Ask and Kettner’s, confirmed over the...
View ArticleMiddleby buys into coffee machine market
Middleby Corporation has strengthened its beverage equipment business by acquiring a coffee machine manufacturer. The company has bought Concordia Coffee Company, which specialises in the manufacture...
View ArticleEntrepreneur buys Newcastle kitchen house
A north-east entrepreneur has snapped up Newcastle-based kitchen house Catering Solutions (North East), continuing the spike in dealer M&A activity that has been seen since the end of the summer....
View ArticleCoverpoint consultancy acquired by US giant
Coverpoint Foodservice Consultants has begun 2015 under new ownership after it was recently acquired by New York-listed Jones Lang Lasalle (JLL). The deal, which was finalised last month, will see the...
View ArticleEuro Catering Parts’ MD explains takeover
Oldham-based Euro Catering Parts has commented for the first time on its new management structure, following a change in senior personnel. In a statement, the company told Catering Insight: “The recent...
View ArticleJLA targets tripling revenue
Ripponden-based servicing giant, JLA, has set itself lofty revenue targets in the next 5 years. Currently its catering equipment division is posting revenues of £25m, and has 220 employees, including...
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Jestic rolls recent acquisitions into new service division
Kent-based Jestic Foodservice Equipment has launched Jestic Technical Services. Incorporating the existing heritage and expertise of the ServEquip brand and the specialist knowledge of Hugall...
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THE BIG DEBATE: Distributors probe buyouts and finances
Catering Insight hosted the ‘Big Questions for Kitchen Houses’ panel debate at this year’s Commercial Kitchen show, which focused on the current catering equipment distributor landscape, including...
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