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Non-Commercial

Passport Food Group Names Michael Axelrod New CEO

Passport Food Group, a leading manufacturer and distributor of internationally flavored foods to foodservice and retail channels across North America, today announced that longtime strategic operations executive Michael Axelrod has been named the company’s new CEO.

Welbilt to Acquire Crem International for $224M

Welbilt, Inc., a leading global provider of commercial foodservice equipment, announced that it has entered into a definitive agreement to acquire 100 percent of the shares of Avaj International Holding AB (“Crem International” or “Crem”), which is majority owned by private equity firms Priveq Investment Fund IV L.

Rational North America Reports Strong Growth in 2017

Rational North America, a leading manufacturer of combi technology, has announced its full-year 2017 results after a year of record growth and product launches.  The company continued its successful performance, generating a 26 percent increase in year over year growth and capturing 45 percent market share within the combi oven category.

Barton Seaver Partners with Regal Springs to Promote Aquaculture

Regal Springs announced its partnership with Barton Seaver, seafood advocate, chef and Director of Sustainable Seafood and Health Initiative at Harvard T.H. Chan School of Public Health.“There is much marketplace confusion regarding seafood, and because of that fact, foodservice operators often lack the confidence to promote and actively encourage increased seafood consumption,” says Barton Seaver.

Family-Run Asian Supermarket Chain Hmart Debuts in Austin

Today marks the debut of Hmart, a family-run supermarket chain specializing in Asian foods and products, in Austin, Texas. The store occupies a 68,670 square foot space near the Lakeline Mall in north Austin, about 20 minutes from downtown.

Hangman Corp Announces Name Change to The Maven Group

Hangman Corp unveiled new branding to express the company’s renewed focus on divisional expert consulting. Now, the parent company will be The Maven Group with three main divisions: Forge Craft Foodservice, Maverick Healthcare Outfitters and Resquip Foodservice Supply.

Bo Jackson & WFC Partner to Form Food Sport's Dream Team

An all-star, two-sport pro athlete just announced his availability to be drafted into a whole new league: Food Sport. The winning team? Food Champs, as World Food Championships announced today that it is teaming up with Heisman Trophy winner Vincent “Bo” Jackson to make history in 2018.

IFDA Names Major Products 2018 Partner of the Year

The International Foodservice Distributors Association, recently announced that Major Products was named the 2018 IFDA Partner of the Year. The announcement, made at the opening reception of the 2018 IFDA Partners Executive Forum, marks the second year in a row that Major Products has received this distinction.

Keystone Natural Holdings Acquires J.P. Veggies and Superior Tofu

Keystone Natural Holdings LLC, a portfolio company of Keystone Capital Inc., recently completed its acquisitions of J.P. Veggies Inc. and Superior Tofu Ltd. VeggieLand and Superior join Nature Soy in the KNH portfolio of leading manufacturers of healthy, plant-based protein products.

US Foods Joins Global Sustainable Seafood Initiative

The Global Sustainable Seafood Initiative announce US Foods, a leading foodservice distributor, has joined GSSI as a Funding Partner.US Foods is the first American foodservice distributor to join GSSI’s Global Partnership.