Food & Beverage News
Chipotle Names Brian Niccol as CEO
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…
Read MoreSentinel Capital Partners Sells Huddle House
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…
Read MoreThe $2.9 Billion Blockbuster Deal was Just the Beginning
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…
Read MoreBoelter Opens Superstore in Georgia
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…
Read MoreMAFSI 2018 Draws Record Numbers
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…
Read MoreReba McEntire to be KFC’s Next Colonel
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…
Read MoreNew Flavor of Dippin’ Dots
US-based Dippin’ Dots, a flash frozen beaded ice cream and frozen treats company, has launched a new Frozeti Confetti flavor. Fresh off a year of momentum where the brand announced $300 million in gross annual retail sales and introduced Dippin’ Dots Cryogenics to expand its technology to other industries, Dippin’ Dots is inviting everyone to…
Read MoreNestle Japan Unveils Ruby Chocolate KitKat
Nestle Japan is all set to commercialize the first ever natural pink ruby-flavored chocolate by introducing the new KitKat Chocolatory Sublime Ruby bars in Japan and South Korea. The ruby chocolate used in the new KitKat product, dubbed Sublime Ruby, was developed by Swiss cocoa producer Barry Callebaut as a new variety to be added to…
Read MoreJAB Holding Co. to Acquire Dr Pepper Snapple Group
JAB Holding Co. through its Keurig Green Mountain business unit has entered into an agreement to acquire the Dr Pepper Snapple Group, Plano, Texas. Once the transaction is completed, Dr Pepper Snapple Group and Keurig Green Mountain will merge to form Keurig Dr Pepper. The new business will have annual revenues of approximately $11 billion.…
Read MoreJody Macedonio Named COO of Dean Foods Co.
Ms. Macedonio joins Dean Foods from Henkel AG, where she was most recently senior vice-president of finance for the North America Laundry and Beauty divisions. Before Henkel acquired Sun Products Corp., she was treasurer and senior vice-president of finance and planning for Sun Products. Prior to that, Ms. Macedonio held several roles at PepsiCo, Inc.,…
Read More
