US food management company Continental has acquired Michigan-based Northern Vending Company for an undisclosed figure.
Continental provides a wide range of refreshment services for businesses, including on-site corporate cafés, micro markets and traditional vending options. The company provides services to over 1,000 clients.
Meanwhile, Ann Arbor-headquartered Nothern Vending Company provides traditional vending, office coffee and water cooler solutions to businesses.
Continental claims that the acquisition of Northern Vending expands Continental’s client base with a “solid roster” of long-term customers.
As part of the acquisition, the entirety of Northern Vending Company’s staff will join Continental.
This is the sixth strategic acquisition made by Continental in nearly two years, as the company works toward achieving its long-term growth and expansion objectives.
Steve LaPorte, president of Continental’s refreshment services group said: “We have a substantial opportunity to enhance service for these clients with innovative technologies, and fresh offerings, which will, in turn, grow our other service lines.
“The upside of this deal has made an immediate impact by boosting the density of our business in the western part of our market.”
By Martin White
Source: FoodBev
Danone has appointed Carla Hilhorst to the newly created position of senior vice president of research and innovation categories and zones, as the company looks to make science the heart of its business. Hilhorst, who brings over 30 years of experience in research and innovation, will report directly to Isabelle Esser, Danone’s chief research, innovation, quality and food safety officer.
The move, part of Pernod Ricard’s strategy to enhance its premiumisation efforts, will allow the company to focus more resources on its portfolio of premium international spirits and champagne brands that drive the growth of its business. This decision aligns with the company’s commitment to delivering sustainable value for shareholders, employees, clients and partners.
Schai – who is the current CEO of Swiss chocolate company Lindt & Sprüngli’s Australian operation – has previously worked with Aryzta from 2015-2018, where he served in roles including managing director for Asia Pacific and global strategic business lead (McDonald’s). The fast-food giant McDonald’s is one of Aryzta’s significant clients.
