Articles Tagged with ''foodservice equipment''

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Study: Foodservice equipment market to record healthy CAGR of 4.7% by 2027

Increasing market demand for processing, handling and storage of food products will continue to fuel the market for innovative foodservice equipment.
June 5, 2019
The rising number of restaurants, hotels and fast food joints will remain a primary driver to the global foodservice equipment market, according to a study released by Future Market Insights, Valley Cottage, N.Y.
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Powerhouse Dynamics HACCP report SiteSage app

Middleby acquires Powerhouse Dynamics

Powerhouse’s SiteSage platform connects, monitors, analyzes and controls the restaurant equipment footprint.
April 2, 2019
The Middleby Corp., Elgin, Ill., acquired Powerhouse Dynamics, Inc., a Newton, Mass.-based provider of cloud-based, Internet of Things (IoT) solutions for the foodservice industry.
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Middleby to acquire Standex Cooking Solutions Group

Standex Cooking Solutions Group manufactures combination and convection ovens, fryers, ranges, food merchandisers and warmers.
February 28, 2019
The Middleby Corp., Elgin, Ill., entered into a definitive agreement to acquire Standex International’s Cooking Solutions Group.
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Middleby acquires Crown Food Service Equipment

Crown Food Service Equipment manufactures steam cooking equipment for the commercial foodservice industry.
December 6, 2018
The Middleby Corp., Elgin, Ill., acquired Crown Food Service Equipment Ltd., a Canada-based manufacturer of steam cooking equipment for the commercial foodservice industry.
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Franke Foodservice Systems acquires Chain Link Services

With this move, Franke deepens its focus on providing highly tailored systems for large customers comprised of supply chain, logistics and project management services.
December 4, 2018
Franke Foodservice Systems, Smyrna, Tenn., acquired Chain Link Services, LP, a Fort Worth, Texas-based specialty distributor focused on national foodservice and convenience retail chain customers.
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Study: Global foodservice equipment market to reach $50B by 2025

The cooking equipment segment contributed the highest share of 31.3% in 2017, and is projected to maintain its lead through 2025.
November 26, 2018
The global foodservice equipment market generated $31.09 billion in 2017, and is expected to reach $50.04 billion by 2025, registering a CAGR of 6.40% from 2018-2025, according to a report published by Allied Market Research, Portland, Ore.
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