ISS acquires Guckenheimer
ISS brings highly developed systems, thought leadership and the ability to scale globally.
ISS, a San Antonio, Texas-based global facility services provider, acquired Guckenheimer, a foodservice provider based in San Mateo, Calif.
“We nourish the minds that change the world, through authentic and inspiring food experiences in our cafes,” says Helene Kennan, Guckenheimer’s chief innovation officer. “Now that we are part of ISS, our chefs will have access to an expanded multicultural food community; the possibilities are endless. In the near future, there will be a full integration of the newly opened Innovation Garage in Copenhagen and the Food Innovation Test Kitchen in San Francisco. Our primary focus will be to lead globally in culinary and service innovation for our clients.”
ISS was founded in Denmark in 1901 and operates in more than 75 countries. The acquisition of Guckenheimer fits into their strategy of increasing their U.S. presence. ISS brings highly developed systems, thought leadership and the ability to scale globally. The acquisition also allows Guckenheimer to further leverage recent growth in the U.S. market and expands the potential to deliver food services internationally.
“This is a wonderful opportunity for our clients, employees and shareholders. We can now offer our clients a global foodservice network and a full range of facilities services. Our employees will have new career opportunities to grow in a global company,” says Jeannie Ritchie, Guckenheimer co-founder and chairman of the board. “Our shareholders, some of whom have been with us over 50 years, will benefit from the opportunity to share in the value that has been created. And, we are able to preserve the Guckenheimer brand name and legacy. It is a great day for Guckenheimer.”
“The Ritchie family created a fantastic company,” adds Randall Boyd, chief executive officer and chief operating officer of Guckenheimer. “The combination with ISS today allows the Guckenheimer legacy to continue and have a broader reach than ever before. The clients, employees and shareholders are all winners in this transaction. Our focus on people fits perfectly with the ISS culture. We can now provide global solutions and expanded offerings. We have a very exciting opportunity ahead of us.”
Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!
