Food & Beverage News

Welbilt announces agreement to acquire Crem Internations which provides entry into hot beverage market via professional coffee machines, one of the fastest growing categories within the global beverage market. Adds highly complementary product portfolio enhancing Welbilt’s position as full-line supplier with attractive cross-selling opportunities. Supports Welbilt’s strategy to further drive growth outside the U.S., while also…

The Middleby Corporation announced the acquisition of Hinds-Bock Corporation. The company is a leading manufacturer of solutions for filling and depositing bakery and food product, an integral part of the industrial baking and food processing line. The company is based in Bothell, Washington and has approximately $15 million in annual revenues. “For decades, Hinds-Bock has…

Tyson Foods said that it will launch several new products this year and modernize its $1bn brands as part of its transformation into a modern food company. Speaking at the 2018 Consumer Analyst Group of New York conference, Tyson Foods president and CEO Tom Hayes and members of the company’s enterprise leadership team shared with…

Scarfogliero, who has served as president and COO since 2009, joined Winholt in 1993 as v.p.-operations and IT. Prior to that, he led operations, distribution and technology for two major U.S. consumer electronics companies. Winholt Chairman Jonathan Holtz affirmed that Scarfogliero has played a major role in the company’s growth since becoming president and COO…

Chipotle Mexican Grill Inc. named Brian Niccol as CEO as of March 5, the company said. Niccol most recently served as CEO of Irvine, Calif.-based Taco Bell Corp., the division of Yum! Brands Inc. He succeeds Steve Ells, founder and CEO of the Denver-based Chipotle, who announced in November he would step down. Niccol has…

Sentinel Capital Partners has sold Huddle House Inc., the companies said. Terms of the sale were not disclosed. The buyer asked not to be disclosed, according to a spokesperson. The New York City-based private-equity firm acquired Huddle House in 2012. “Sentinel has been a great partner to Huddle House and over the past six years…

Buffalo Wild Wings is just the first piece of a potential restaurant empire. Arby’s Restaurant Group’s $2.9 billion deal, which closed Monday, will signal the beginning of Inspire Brands Inc., chief executive Paul Brown told The Wall Street Journal. As for what’s next, Brown outlined an ambitious future that includes purchasing “brands that span multiple…

Boelter Cos. boosted its presence in the Southeast with the January opening in metro Atlanta of its third national Boelter SuperStore. The 10,000 sq.ft. store, like the one the dealer opened in Chicago 18 months ago, is modeled after Boelter’s original Milwaukee SuperStore. The new 50,000 sq.ft. location in Duluth, Ga., also includes service, warehouse…

Last week, foodservice equipment manufacturers and reps gathered at the Naples Grande Beach Resort in Naples, Florida, for four days of learning and networking at MAFSI 2018, reports Tina Nielsen. More than 600 delegates turned out for MAFSI 2018, among them 200 manufacturers and 340 reps. As MAFSI president Chris Jeens pointed out, this was…

KFC has tapped its first woman to play the rotating role of Colonel Harland Sanders. Country singer Reba McEntire will fill the role to promote the fried chicken chain’s latest flavor, Smoky Mountian BBQ. Ads featuring McEntire will premiere on Jan. 28, one day before the chicken flavor becomes available nationwide. “We are absolutely thrilled…