Israel - the future of foodservice to 2021 - Verdict Food Service
WEBJun 26, 2018 · In 2016, Israel’s foodservice profit secto r was valued as approximately ILS 25.3 billion (USD 6.6 billion). Between 2014 and 2016, the profit sector’s value grew at a CAGR of 1.1%. However, much of this growth was driven by retail (+3.5%), leisure (+2.6%) and accommodation (+2.9%). In contrast, a number of the restaurant channels ...
Top Ten Food Service Companies: Market Analysis and Rankings
WEBMay 8, 2019 · The company’s KFC division opened 1,558 new restaurants and accounted for a 46% revenue share in 2018. The Pizza Hut division opened 860 restaurants and contributed 17% of the total revenue, whereas the Taco Bell division opened 309 new restaurants and contributed a 36% revenue share. 5. Darden Restaurants – $8.3bn.
US Foods closes $970m Smart Foodservice Warehouse Stores …
WEBApr 27, 2020 · By GlobalData. The deal closed more than a month after the two companies entered a definitive agreement to execute the transaction. As agreed, US Foods paid $970m in cash as consideration. Established in 1955, Smart Foodservice operates warehouse-format stores that provide restaurant supplies. The company operates approximately 70 small-format ...
WKS Restaurant Group acquires Pennant Foods with …
WEBJan 11, 2018 · WKS Restaurant Group acquires Pennant Foods with CapitalSpring’s financial support. Multi-brand restaurant franchisee WKS Restaurant Group (WKS) has received financial support from private investment firm CapitalSpring for the acquisition of Pennant Foods, operator of Wendy’s restaurants in southern California.
Unveiling the Top Restaurants by Revenue in 2024 - Verdict Food …
WEBNov 12, 2020 · 9. Autogrill – $5.44bn. Autogrill earned $5.44bn in revenue in 2019. Image courtesy of Taljat David/Shutterstock. Autogrill’s 2019 revenues increased by 6.4% year-on-year to €4.99bn ($5.44bn), driven by the company’s airports business channel, as well as new openings and targeted acquisitions over the last two years.
PFG agrees to buy US-based Reinhart Foodservice for $2bn
WEBJuly 2, 2019. US-based food distributor and supplier Performance Food Group (PFG) has signed a definitive agreement with Reyes Holdings to acquire Reinhart Foodservice for a total consideration of $2bn. The deal value covers approximately $1.7bn net of an estimated tax benefit to PFG of approximately $265m.
Henderson Foodservice to buy BD Foods in Ireland
WEBEstablished in 1993, BD Foods offers a wide range of frozen and dry goods to the premium foodservice sector across Ireland. The deal is a part of the foodservice company’s future strategy and expansion plans, including a £25m investment in new facilities, staff and business development. “This exciting acquisition is a key milestone in the ...
Cuisine Solutions to construct $120m production facility in US
WEBFeb 19, 2019 · Distributor Cuisine Solutions has invested $120m to establish a new manufacturing plant at Brooks mixed-use development property in San Antonio, US. The investment is expected to generate more than 500 jobs in the region over the next four years. Cuisine Solutions will commence construction of …
Three restaurant companies considering bids for China’s Wagas
WEBNov 9, 2021 · Wagas operates more than 160 stores, which are located in 11 major cities across the country. The Wagas product range includes fresh juices and speciality coffees. Credit: Geoff Gill / Pixabay. Restaurant Brands International, Jollibee Foods and Yum China Holdings are reportedly in the race to acquire Wagas, a food and bakery chain in China.
How AI is taking over the US restaurant industry - Verdict Food …
WEBJul 15, 2019 · The AI used in the restaurant industry will enhance the drive-in and drive-through ordering experience for quick service restaurants (QSRs). Customers will be prompted to order from an AI-powered voice ordering assistant, which will integrate with a dynamic menu display. The menu will automatically update using a …
Skip to content