Pennsylvania dealer’s acquisition expands its contract equipment offerings to the hospitality market
FSI specializes in commercial foodservice equipment, engineering, custom stainless fabrication, logistics, and project fulfillment for the hospitality and lodging industries. It’s scope of work includes supporting major remodeling, renovation and new construction projects. FSI becomes a division of Singer MD LLC, which includes Ashland Equipment – a company the Pennsylvania-based dealer acquired in September of this year.
Kevin Richards will continue as the executive leading the new division which will operate as FSI, a division of Singer MD LLC. He will report to Rod White, president of Ashland Equipment, a division of Singer MD LLC.
With annual revenues of $293.92 million in 2016, Singer Equipment Co. is the 6th largest dealer in the country, per FE&S’ 2017 Distribution Giants Study.