RPI Goes Up, Mergers and Acquisitions, Trends and More

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FlashNews from Foodservice Equipment & Supplies

September 2, 2015


Micro Matic Purchases Valpar FE&S FlashNews

Micro Matic A/S acquired Valpar Industrial Ltd of Northern Ireland, a manufacturer of beverage tubes and pythons, from The O’Neill Group. Terms of the deal were not disclosed.


This Week in Foodservice: RPI Up Along with GDP, Labor Market Tightens and
Much More
FE&S FlashNews

The Restaurant Performance Index chalked up a solid gain in July and operators continued to invest in equipment. GDP was up 3.7 percent in the second quarter. As the economy improves, operators find the labor market tightening. A study finds independent hamburger restaurants grew faster than the chains. These stories and a whole lot more This Week In Foodservice.


Restaurant Performance Index Rose
in July
FE&S FlashNews

The National Restaurant Association's Restaurant Performance Index (RPI) hit 102.7 in July, an increase of 0.7 percent from June. This marks the RPI’s first gain in three months. Any reading in excess of 100 means a period of expansion among the index of key restaurant industry indicators.


Trending: Artisan Cheese FE&S FlashNews

More chefs are taking the plunge — making their own artisan cheeses in-house, which, aside from saving on food costs, offers diners a special tasting experience and a cool story to boot. But there are food safety, space and equipment considerations to weigh when entering the cheese arena.


New Jersey Rep Firm Moves to a
New Home
FE&S FlashNews

Independent manufacturers’ rep firm Pecinka Ferri Associates has a new location that includes a test kitchen/gastro lab, conference center/training suite, showroom, offices and warehouse.


GRILLiT Introduces New CEO FE&S FlashNews

Henry Klein is the new chief executive officer for GRILLiT, Inc. Klein, a longtime attorney, replaces Ghazi Hajj, who resigned his post with the Latin-Caribbean fusion restaurant concept.


Frisch's Restaurants Bought by Private Equity Firm FE&S FlashNews

In a deal valued at $174.5 million, private equity fund NRD Partners will acquire Frisch’s Restaurants, Inc. As a result of the deal, Frisch’s will be delisted from the New York Stock Exchange effective September 4, 2015.


Anderson Joins Lone Star
Restaurant Supply
FE&S FlashNews

Darren Anderson has joined Lone Star Restaurant Supply as president and chief operating officer. Steve Schaefer, previously vice president and general manager for the Austin, Texas-based foodservice equipment and supplies dealership, becomes executive vice president of operations.


Deacon Promoted by Star Brands FE&S FlashNews

Lorne Deacon was promoted to vice president of sales for the Star Brands, a division of the Middleby Corporation that includes Star, Holman, Lang, and Toastmaster. He most recently served as director of brand strategy for Lang.

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Tuesday, September 29 at on PM cenral standard time. 2015 Food Safety Month Webcast: Going with the food safety flow. Our panel of experts will discuss food safety tips throughout the restaurant from dock to dining.
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HX: The Hotel Experience. November 8-10, 2015. Javits convention center, New York City. Rooms to restaurants.
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Glastender: When there's no place to go but up. If you need more refrigerated storage, but you are running out of space, think up. Glastender's wall mount food service refrigerator allows you to conveniently locate refrigerated storage just where you need it.

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