Cantaloupe, Inc. is a software and payments company that provides end-to-end technology solutions for the unattended retail market. Cantaloupe's suite of products includes payment acceptance and processing, merchandising, logistics optimization, analytics, and digital tools to drive loyalty and...
USA Technologies Inc. today officially changes its name to Cantaloupe and its ticker symbol to "CTLP," according to a press release. The company begins trading on the Nasdaq Global Select Market, and is celebrating its rebranding by ringing the closing bell. In addition, the company's Series A...
USA Technologies Inc., a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, announced that it will transition its corporate identity to exclusively operate under the name Cantaloupe, Inc. The Nasdaq ticker symbol will...
Cantaloupe Inc., a software and payments company that provides end-to-end technology solutions for the unattended retail market, has named AVS Companies, the Elk Grove Village, Illinois-based vending and amusement equipment distributor, an official distributor for its equipment and parts, according...
Canteen of Northern California, a convenience services operator serving Sonoma, Napa and Marin counties, has deployed Cantaloupe's vending and micro market technology alongside the integration of its Seed software platform into its operations, according to a press release. A Canteen franchise,...
Cantaloupe Inc. lifted its sales and earnings for Q4 and FY 2023, posting positive earnings, according to a press release, and surpassing analysts' revenue expectations. Highlights include: Revenue rose 11% from $58.03 million in Q4 2022 to $64.2 million in the quarter ending June 30, 2023. Net...
Cantaloupe Inc., a digital payments and software company, has acquired Three Square Market for $41 million, according to a press release. 32M is a provider of software and self-service kiosk-based point-of-sale and payment solutions that power the micro market industry. The acquisition delivers...
Cantaloupe Inc.'s revenue decreased 0.8% from $43.09 million in $Q3 2020 to $42.8 million for the quarter ending March 31, 2021, according to an earnings release. The Q3 2021 revenue marked an 11.7% increase over Q2 2021. The company improved from a $9.3 million loss in Q3 2020 to a $1.8 million...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, has been added to the Russell 2000 Index effective today, according to a press release. Annual Russell indexes reconstitution captures the 4,000 largest...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, lifted its Q1 2024 sales and earnings over the prior year period, citing growth in its international expansion, according to an earnings report....
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, reported record Q4 and FY 2022 revenue, according to an earnings report. Highlights include: Revenue rose 18% from $49 million in Q4 2021 to a record of...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, lifted its revenue and income for Q3 2022 over the prior year period, boosted by high transaction volume, according to an earnings report. Highlights...
The National Automatic Merchandising Association has named Cantaloupe Inc. CEO Ravi Venkatesan to its board of directors, according to a press release. Venkatesan will serve a three-year term as of July 1, 2023. He brings more than 20 years of experience in product development, information systems,...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, has partnered with HGM Dryckservice AB, a Sweden-based convenience services provider, to support HGM's growing micro markets business, extending Cantaloupe's...
Cantaloupe Inc., an end-to-end technology solutions provider for self-service applications, has partnered with Pee Dee Food Service, a full-line vending, micro market and office coffee service provider, to bring 90 micro market kiosks fully onto Cantaloupe technology.
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, announced the launch of the Cantaloupe ONE Platform, a bundled subscription model that enables autonomous retailers to future proof their business,...
Cantaloupe Inc. lifted its Q2 2024 sales and earnings, driven by higher subscription and transaction fees, according to an earnings report. Highlights include: Revenues rose 7% from $61.33 million in Q2 2023 to $65.4 million in the quarter ending Dec. 31, 2023, driven by 15% growth in subscription...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, lifted its revenue in Q2 2023 over the prior year period, while net loss increased, according to a press release. Highlights include: Net revenue rose 20%,...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, reduced its earnings loss on a 33% revenue gain in Q2 2022 over the prior year's second quarter, according to an earnings release. Revenue rose 33% from...
Cantaloupe, a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, reported strong Q1 2022 results for the quarter ended Sept. 30, 2021, according to an earnings release. "We had a strong start to fiscal year 2022, with first...
Sodexo, a global provider of food and facilities services, has chosen Cantaloupe Inc. as its hardware provider and business platform for InReach, Sodexo's convenience services business, according to a press release. As part of the agreement, InReach will upgrade all 18 of its branches — including...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, has teamed with Amazon Web Services Inc. to use the AWS cloud services and AWS as its preferred provider to handle its more than $2 billion in annual...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, has named Ravi Venkatesan as chief executive officer, effective Oct. 1, 2022, succeeding Sean Feeney, who will retire on Sept. 30, according to a press...
Cantaloupe, a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, formerly known as USA Technologies, and Castles Technology, a provider of credit card payment terminals, have partnered to introduce a next-generation...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, has expanded its partnership with GlobalConnect, a provider of contactless break rooms, markets, vending and pantry services, according to a press release. The...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, reported record revenue for the fourth quarter and fiscal year ended June 30, 2021, according to a press release. Revenue rose 14.6% from $32.6 million...
Jeff Dumbrell Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, has named Jeff Dumbrell as chief revenue officer, effective Jan. 1, 2022, according to a press release. Most recently, Dumbrell...
Anna Novoseletsky Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, has named Anna Novoseletsky chief legal and compliance officer and general counsel, corporate secretary, effective today. She joins...
Cantaloupe Inc., a provider of autonomous retail payment and software solutions, has integrated Vendekin's Retrobox, a patented hardware enabled SaaS product to make vending machines touchless and supporting frictionless experiences for consumers, according to a press release. Cantaloupe's...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions to power self-service commerce, has introduced its Cantaloupe Go self-checkout kiosks and its Smart Store offerings, according to a press release. The Cantaloupe Go self checkout kiosks...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, has announced three additional technology innovations since its previously announced offerings last week. New innovations, according to a recent press...
Cantaloupe Inc. lifted its Q1 2024 revenue boosted by record transaction revenue but extended its bottom line loss, according to a press release. The revenue exceeded analyst expectations while the earnings loss fell short. Highlights include: Revenue rose 26%, from $45.78 million in Q1 2022 to...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, has introduced its Seed Driver mobile app to make servicing vending, micro market and office coffee service accounts more efficient, according to a press...
Yoke's point-of-sale platform will integrate with Cantaloupe's inventory management and payment processing platforms.
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, has teamed with Hivery, a data-science company that specializes in artificial intelligence technology, to streamline category management for retailers in...
Cantaloupe Inc. lifted its Q3 2023 sales and earnings over the prior year period, citing record revenue in transaction fees and subscription fees, according to an earnings report. Highlights include: Revenue rose 20% from $50.3 million in Q3 2022 to $60.4 million in the quarter ending March 31,...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions to power self-service commerce, has introduced its Seed Pick Easy, a tablet-based warehouse picking system designed to deliver time and operational cost savings, according to a press...
Cantaloupe Systems Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, has introduced its ePort Engage Combo, an all-in-one card reader and telemeter, digital touchscreen and payment platform that can be installed...
Consumers will be able to spend digital currency on unattended retail devices under a partnership between Bakkt Holdings, LLC, a digital asset marketplace, and Cantaloupe, Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail...
Continental Services, a convenience services operator based in Troy, Michigan, has reported a 15% increase in average revenue per route since deploying Cantaloupe's Seed platform in September 2020, according to a Cantloupe press release. "Using Seed has allowed us to be at the right place exactly...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, has introduced its Seed warehouse app, which is included as part of Seed Office at no additional monthly or single time cost, according to a press...
Cantaloupe Inc., a digital payments and software services provider, is partnering with Vendors Exchange to integrate its Universal Control Board into Cantaloupe's Remote Price Change solution, available within its Seed Pro. The integration will allow customers to extend the reach of Remote Price...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, has upgraded its Yoke micro market platform, including an upgraded customer interface, enhanced promotions and a new loyalty program for customers. The...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, has introduced two analytics tools in its Seed Pro software platform: Seed Analytics and Seed Intelligence. Seed Analytics automates data gathering and analysis...
Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for self-service commerce, has introduced a kiosk, "The 46," developed by Three Square Market, a recent Cantaloupe acquisition. The 46 kiosk — named for its large 46-inch screen size — is...
Cantaloupe, a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, has developed its ePort Connect Platform's premium and next-generation touchscreen devices, the ePort Engage and the ePort Engage Combo, according to a press...
Compass Group North America, which owns Canteen, has acquired Eat Club, a Redwood City, California-based food delivery platform, according to a Crunchbase News report. Canteen is the nation's largest vending operation. Eat Club, a virtual cafeteria offering individually packaged meals for delivery...
Canteen Vending Services, a division of Compass Group North America, has aquired Camelback Vending, a longtime independent convenience services operation in Phoenix, from owner Jodi Glimpse. Glimpse stated in an email to Vending Times that she sold the business on Aug. 21 and she is no longer with...
Compass Group PLC, the U.K. based foodservice provider that owns Canteen Vending Service Inc. in the U.S., has completed the sale of its operations in Russia for an undisclosed sum, according to a Marketwatch report. The company announced earlier this month that it decided to separate from all...
GS Foods Group Inc., a food distributor owned by affiliates of Highview Capital LLC and A&M Capital Partners, acquired C&C Produce, a distributor of produce products based in Kansas City, Missouri, for an undisclosed sum, according to a press release. C&C's owners will continue to lead...
Steve Loftus Sun-Maid Growers of California has named Steve Loftus as president and CDO, a newly created position, reporting to Harry Overly, executive chairman of the board, according to a press release. All functional areas within Sun-Maid will report directly to Loftus. He most...
Altamont Capital Partners, a private investment firm, has invested an undisclosed sum in Mini Melts USA LLC, a provider of beaded, single- and bulk-serve frozen novelty products in vending machines, grab-and-go freezers and carts, according to a press release. Altamont is partnering with Dan...
Compass Group PLC, which owns Canteen Vending Services Inc. in the U.S., exited the Russian market and will be moving away from all known Russian suppliers, according to a press release. The company has also has donated £250,000 ($326,130) to charities on the ground in Ukraine and will continue to...
Nayax LLC, a subsidiary of Israel based Nayax Ltd., has agreed to provide software, subscription, equipment and services to Compass Group USA Inc., doing business as Canteen, according to a filing on the Tel Aviv Stock Exchange. The filing referenced the agreement as a "master" agreement. Nayax has...
Five Star Food Service Inc., a Chattanooga, Tennessee based convenience services firm and a Canteen franchise, has acquired M&M Sales Co., a Canteen franchise based in Lafayette, Louisiana, for an undisclosed sum, according to a press release. The acquisition expands the company's service...
Compass Group North America, the owner of Canteen Vending Services, has acquired FreshBrew's vending division for an undisclosed sum, according to a press release. "Due to the rapid growth and continued expansion of our coffee and tea division, we felt that this was the ideal time to divest our...
Clearspring Capital Partners, a Canada based private equity firms, has taken a majority interest in Regal Confections, a confections distributor based in Laval, Quebec, which employs more than 300 people in four distribution centers, one co-packing operation and one production plant, according to a...
Compass Group PLC, the U.K.-based caterer which owns Canteen Vending Services Inc. and Chartlwells Higher Education in the U.S., reported Q1 2024 organic revenue growth of 11.7%, including 11.3% growth in North America, 13% growth in Europe and 11.8% growth in the rest of the world, according to a...
Tata Consumer Products Ltd., a Mumbai-based multinational corporation, is negotiating the acquisition of at least 51% of Haldiram, an India-based snack manufacturer, but is wary of the $10 billion valuation being sought, according to a Reuters report citing unnamed individuals who claim to have...
A lawsuit in California seeks to halt Core-Mark's proposed acquisition by Performance Food Group, the parent company of Vistar, the nation's largest vending product wholesale distributor.
Lazy Gourmet, a Vancouver, Canada-based catering company, has joined Compass Group Canada, according to a blog the company's website. Lazy Gourmet customers will not see any change in the cuisine or the service, the blog stated. Susan Mendelson, who launched the company in 1979, will continue as...
Compass Group PLC, which owns Canteen Vending Services Inc. in the U.S., reported Q1 2022 revenue rose 38.6% over Q4 2021, according to a trading update ahead of the company's annual general meeting. Revenue for the quarter ending Dec. 31, 2021 reached 97% of the pre-COVID 2019 level. The update...
Jon Love (Photo: LinkedIn) Compass Group USA, which owns Canteen Vending Services and other foodservice businesses, has named Jon Love as senior vice president of corporate services, according to a LinkedIn announcement. Love joins Compass Group from Maxar Technologies, which provides...
The Pelican Group, a division of Pelican Communications, a vending and amusement machine management company, has acquired a crane and bulk vending operation in Puerto Rico, according to a press release. The Pelican Group chose not to name the acquired company, which encompasses more than 1,000...
CTM Group Inc., a provider of managed entertainment and souvenir solutions for tourist destinations, has acquired the family entertainment assets of Golden Valley, Minnesota based Theisen Vending Inc. for an undisclosed amount, according to a press release. CTM has acquired a portfolio of...
Compass Group PLC, which owns Canteen Vending Services Inc. in the U.S., reported that organic revenue rose 24% in the first quarter of 2023 in a conference call with analysts. Dominic Blakemore, group executive officer, said the company continues to benefit from strong outsourcing trends and a...
Sunny Sky Product LLC, a producer of dispensed beverage solutions offering hot, cold, frozen and beverage-enhancer products for the convenience store and foodservice channels, has acquired LX/JT Holdings Inc. and subsidiaries, doing business as Bevolution Group, a manufacturer of smoothie bases,...
Compass Group PLC, which owns Compass Group North America and Canteen Vending Services, reported Wednesday it expects revenues for the year ending today to fall 19% from last year, according to a Reuters report. Shares fell 40% this year and were down 4.5% today after the company reported a 36%...
Home of the Skittles Remix Digital Kiosk. Our interactive kiosks offer Skittles aficionados the opportunity to mix and match their favorite flavors. Call today and learn how to create your own personal blend of Skittles candies and learn more about the latest and sweetest opportunity sweeping the country. www.incredivend.com 909-241-1492
Danone S.A., a Paris-based global provider of dairy and plant-based products, waters and nutrition, will close its yogurt factory in Parets del Vallès, Spain, north of Barcelona, to improve its efficiencies, according to a European Food Agency report. The closure is expected to impact 157...
Mondelēz International has agreed to acquire Grupo Bimbo's confectionery business, Ricolino, for approximately $1.3 billion, according to a press release. With approximately $500 million in annual revenue, Ricolino employs close to 6,000 associates, has four manufacturing facilities and distributes...
INCREDIVEND announces that The Skittles® Remix Digital Kiosk is headed to sunny Florida for the IAAPA Expo in Orlando, November 13-17 at the Orange County Convention Center in booth 3656!
Camil Alimentos, a Brazil-based cookie manufacturer, has acquired the Mabel cookie business from PepsiCo Inc. for an undisclosed sum, according to a latinfinance.com report. PepsiCo acquired Mabel, a manufacturer with five production facilities, in November of 2011, according to a press release at...
Self-service offerings are becoming a necessity for many retailers as consumers increasingly adopt tap-and-pay options. Self-service kiosks save retailers money, manpower and crucial resources.
With product prices rising, vending operators are finding Cantaloupe's Remote Price Change, part of the Seed platform, a way to manage prices for products in their machines remotely, according to a press release. With the addition of the Remote Price Change compatibility report, customers can...
Haloo Automation Equipment Co. Ltd., based in China, has introduced the HL-SLE-10C, a cooling fruit vegetable milk vending machine, according to a press release. The machine has a storage capacity of six drawers and accepts bill, coin and cashless payment. The machine supports a remote...
Don Blotner Convenience Brigade, a consulting service focused on optimizing functionality and operational processes within the Cantaloupe platform, has named vending software industry veteran Don Blotner as executive consultant, according to a press release. Blotner spent 18 years at his...
Fresh Ideation Food Group LLC, a Baltimore-based food manufacturer, has recalled products sold from Jan. 24, 2023 through Jan. 30, 2023 due to the potential to be contaminated with Listeria monocytogenes, an organism which can cause serious and sometimes fatal infections, according to a press...
PepsiCo Inc. has entered into an agreement with PAI Partners to sell Tropicana, Naked Juice and other select juice brands across North America, and an option to sell certain juice businesses in Europe, which will result in combined pre-tax cash proceeds of approximately $3.3 billion while retaining...
Sun-Maid Growers of California has agreed to acquire Plum Organics, a kids' snack and baby food brand, from Campbell Soup Co. according to a press release. Terms of the transaction were not disclosed. "The sale of the Plum Organics baby food brand is part of our ongoing strategic process to create...
Danone Manifesto Ventures, Danone's corporate venture arm, has acquired a majority stake in Harmless Harvest, a provider of organic coconut-based products, including coconut water and dairy-free coconut yogurt alternatives, according to a press release. In 2017, Danone Manifesto Ventures led a $30...
Mubadala Capital, the global asset management firm and a wholly owned subsidiary of Abu Dhabi based Mubadala Investment Co., has acquired TruFood Manufacturing in partnership with management, according to a press release. TruFood, a snack food contract manufacturer in several categories, is being...
CandyMachines.com, a distributor and manufacturer of vending and amusement machines since 1998, and OK Manufacturing, a manufacturer with over 30 years' experience in custom specialized vending and amusement equipment, have announced a joint venture, according to a press release. The collaboration,...
Knouse Foods has introduced Musselman's and Lucky Leaf brand single-serve options for vending machines and micro markets in a variety of sizes, formats and flavors, according to an email announcement. Applesauce is available in 6- and 4.5-ounce cups in the following flavors: original, cinnamon,...
Fresh Del Monte Produce Inc.'s net sales decreased $29.7 million from $1.12 billion in Q1 2020 to $1.09 billion in Q1 2021, according to an earnings report, primarily due to lower net sales in the company's fresh and value-added and banana business segments, partially offset by higher sales in the...
Juan Carlos Dalto Dole Packaged Foods LLC has named Juan Carlos Dalto as president and managing director, Americas, including North and Latin America, according to a press release. Dalto, who joined Dole in his present position in January 2021, succeeds Brad Bartlett, who retired at the...
Cornell University's refrigerated apple vending machine, which sells freshly picked apples for one dollar in the main lobby of the Mann Library, boasts a 70-year history, according to an Ithaca.com report. According to an October 1954 Cornell Countryman magazine, a wooden box held apples for sale...
Capital Provisions, a full-service vending operator and foodservice provider based in Southern California, has acquired C&C Vending for an undisclosed sum, according to a press release. The purchase is the first acquisition completed by Capital Provisions in the Palm Springs area and delivers a...
Foodbuy, a product and equipment purchasing organization owned by Compass Group USA, has listed Habco Manufacturing, a manufacturer of commercial refrigeration products for the micro market, beverage service, foodservice, grocery and convenience store industries, as an approved vendor, according to...
Fresh Del Monte Produce Inc. took a hit from COVID-19 in the second quarter, with sales falling to $1.09 billion versus $1.23 billion last year. Net income fell to $18.1 million from last year's $39 million, driving net income per share from 78 cents to 38 cents, according to an earnings...
Mondelez International will pare about a quarter of its products to streamline manufacturing during the pandemic, according to a Bloomberg report. The snack maker will not likely eliminate brands, but will target individual stock-keeping units. Packaged-food manufacturers have seen demand soar...
Blue Diamond Growers, a grower-owned cooperative representing approximately 3,000 California almond growers, delivered its share of the California almond industry's second largest crop of 2.8 billion meat pounds in 2022, closely following the record 3.1-billion-pound crop of 2020, according to a...
Fresh Del Monte Produce Inc. improved sales and earnings for the Q2, 2021 quarter ending July 2, according to an earnings release. Net sales increased 5% from $1.09 billion in Q2, 2020 to $1.14 billion in Q2, 2021, primarily driven by higher net sales in the company's fresh and value-added products...
A panel of operators addressed the challenges and benefits of assessing and deploying new technology during the recent Self-Service Summit in Hollywood, Florida.
Pritzker Private Capital has acquired an unspecified stake in Monogram Foods, a manufacturer of U.S. food brands that has long been active in the convenience services industry. HF Capital, a family investment firm, invested along with PPC, according to a press release. Current owners, including...
The Hershey Co. has signed a licensing agreement with Falcon's Beyond Global Inc., a global entertainment company, to develop Hershey-branded location-based entertainment experiences featuring the company's iconic IPs, such as Hershey's, Reese's, Jolly Rancher and Twizzlers, according to a press...
The U.S. Department of Justice has filed a civil lawsuit to stop Monterrey, Mexico-based Grupo Verzatec S.A. de C.V. from acquiring its biggest competitor, Crane Composites, a wholly owned subsidiary of Crane Co., the parent company of Crane Merchandising Systems and Crane Payment Innovations. The...
General Mills Inc. will sell its Yoplait European business to Sodiaal, a Paris-based dairy cooperative which has held 49% of the business, according to a report in LesEchos, a French newspaper. The transaction does not impact U.S. or Canadian...
Five Star Food Service Inc., a Canteen franchise based in Chattanooga, Tennessee, has acquired Mobile, Alabama-based Gulf Coast Canteen for an undisclosed sum, according to a press release. The acquisition expands Five Star's service territory further into Alabama and marks its entry into Florida,...
Compass Group USA Inc. and 365 Retail Markets LLC agreed to pay $6.8 million to resolve a lawsuit claiming they collected fingerprint data from vending machine customers without providing proper notice and consent, according to a Reuters report. The companies denied wrongdoing and liability,...
Re.juve, a Singapore based manufacturer of cold pressed juices, has introduced a cold pressed juice vending machine at Tanglin Mall, located at Level B1 next to Market Blue and opposite B for Bagel, according to a press release. Re.juve's bottled juices are made exclusively from 100% organic...
The Skittles Remix Digital Kiosk offers Skittles aficionados the opportunity to mix and match their favorite flavors. Call us today and learn how to create your own personal blend of Skittles candies and learn more about the latest and sweetest opportunity sweeping the country. www.incredivend.com 909-241-1492
J&J Snack Foods Corp., which manufactures brands including Superpretzel, ICEE, Slush Puppie, Luigi's Real Italian Ice, Minute Maid frozen ice, California Churros, The Funnel Cake Factory and more, reported a 19% decrease in fourth quarter sales from $311.9 million last year to $252.5 million...
Quinn, a natural foods snack company, has closed on additional Series D funding including an undisclosed minority investment from The Hershey Co. in addition to existing investors, according to a press release. Launched in 2010, Quinn supports 7,500 stores nationwide with both savory and indulgent...
Konop Companies, a convenience services firm in northeast Wisconsin, recently celebrated its 75th anniversary, according to a wbay.com report. Founded by the late Louie Konop who bought a peanut machine route following World War II, the company is now run by his children Dave, Tom and Mary, and...
General Mills Inc. is considering the sale of Yoplait, according to a report from L'Agefi, a financial newspaper in France. Morgan Stanley is assisting General Mills in the consideration, while the Sodial cooperative, which holds a 49% stake in Yoplait, is being advised by Rothschild & Co. A...
Herviovore Patisserie, a South Yarmouth, Massachusetts bakery, has expanded its reach by installing a pink vending machine in the Cape Cod Mall food court. The machine offers vegan treats, according to a report in The Cape Cod Times. The glass-front machine holds up to 100 choices depending on the...
The J.M. Smucker Co. has agreed to sell its natural and organic beverages and grains businesses to Nexus Capital Management LP in a cash transaction valued at approximately $110 million, according to a press release. The sale includes R.W. Knudsen and TruRoots assets and trademarks, and a licensing...
Danone North America will invest up to $65 million over the next two years to create a new bottle production line in Jacksonville, Florida, according to a press release. The investment will increase production of several of Danone's coffee and creamer brands in the U.S., including International...
The city of Jacksonville, Florida, has approved construction permits for Danone North America's $65 million production line addition at its northwest Jacksonville plant, according to a Jacksonville Daily Record report. The company announced in February it will invest as much as $65 million over the...
Capital Provisions, a full-service vending and breakroom foodservice provider based in Southern California, has completed the acquisition of 3D Vending from owner Paul Cueman for an undisclosed sum, according to a press release. Cueman now becomes the regional operations manager for Capital...
A cupcake shop in downtown Wilmington, North Carolina has been replaced by a vending machine featuring a video screen that welcomes customers, according to a wilmingtonbiz.com report. Tabitha Meready closed the The Peppered Cupcake store during the pandemic, reopened, then closed again in July when...
A farmer in Creeksville, North Carolina, has installed a bulk corn dispensing vending machine in nearby Jackson that allows customers to buy up to 20 pounds of corn, according to a report in The Daily Herald. The NOCO Deer Corn kiosk consists of a large metallic tube that holds the corn and a...
Coca-Cola European Partners has completed an investment in Lavit, a maker of multi-beverage, counter-top dispensing machines, according to a press release. The investment amount was not disclosed. Using globally patented technology, the Lavit system lets consumers make and pour their drink in...
Compass Group PLC, which owns Canteen in the U.S., reported revenue fell 18.8% year on year from £24.8 billion ($33.06 billion) to £20.2 billion ($26.93 billion) for the year ended Sept. 30, 2020 as COVID-19 related restrictions reduced volumes in business and industry, education, sports and...
SupplyCaddy is a leading global manufacturer of disposables for the foodservice industry with global clients such as Popeyes, Delta and Focus Brands. SupplyCaddy is known for our fair pricing, quick lead times and incredible customer service. Visit us at www.SupplyCaddy.com or call 833.STOCKED to...
CTM Group Inc., a provider of managed entertainment and souvenir solutions for tourist destinations and other high-traffic venues, has acquired 39 operated entertainment locations from Namco USA Inc. for an undisclosed sum, according to a press release. Under the terms of the asset purchase...
PepsiCo Foods Canada has teamed with Maple Leaf Foods Inc. to distribute Schneiders Pepperettes meat sticks in Canada, according to a Nasdaq report. ...
Falfurrias Capital Partners, a Charlotte-based private equity firm, has invested in Carolina Foods LLC, a manufacturer of sweet baked goods including the company's own Duchess line of products and other bakery brands that are marketed to the vending industry and other retail channels, according to...
Frito-Lay Inc., a division of PepsiCo Inc., has acquired land in East Fishkill, New York and will invest $100 million in a 150,000-square-foot fulfillment center, creating 80 construction jobs, according to a press release. Construction will begin in 2022. The center will utilize technologies to...
Carrefour has advised customers in four European countries it will no longer sell Pepsi, Lay's and 7up due to what it considers unacceptably high prices, according to a Reuters report. Carrefour stores in France, Italy, Spain and Belgium will display signs saying the store will no longer be...
The Ford Gum Machine Company and Impact Confections have partnered to produce candy and bubble gum, according to a Candy Industry report. This summer, Ford Gum will launch a five-ball tube of gumballs in classic sour Warheads flavors packed in 12-count trays with 12 trays per case: Blue Raspberry,...
PepsiCo Beverages North America, a division of PepsiCo Inc., will open an $8.5 million, 172,000-square-foot warehouse and distribution facility in Commerce, Georgia, according to a press release. The center will create 50 jobs, including product pickers, forklift operators, drivers, inventory...
Sodexo, a Paris-based foodservice contractor and one of Maine's largest employers, will source as much as 80% of its lettuce products from Vertical Harvest Maine, a hydroponic urban farm, and the first vertical greenhouse in the U.S., according to a press release The produce will be served at all...
BlackHawk Industrial, a Tulsa, Oklahoma based manufacturer and distributor of industrial products as well as industrial vending, has acquired Cornerstone Supply in Jacksonville, Florida and two Intermountain Machining Supply locations in Meridian, Idaho and Belgrade, Montana, according to a press...
An Atlanta International School student's winning design helped inspire the period product vending machines that are now seen at Ponce City Market, Atlanta Tech Village and more, according to a press release. AIS Design Group Leader Jonathan Roberts and AIS graduate Kate Lawrence participated in a...
Reyes Coca-Cola Bottling will demolish, rebuild and expand its current facility in Rancho Cucamonga, California, to a 620,000-square-foot campus with full production capabilities, according to a press release. The company will invest $500 million to transform the facility to become the fourth...
Campbell Soup Co. will close a 94-year-old manufacturing facility in Columbus, Georgia by Spring 2022, according to a press release. The plant, the company's oldest, employs 326 workers in the production of candy, crackers, cookies, nuts and bars. The Columbus plant was acquired in 2018 as part of...
Viru Group, a producer of canned and frozen fruits and vegetables in Peru, has agreed to acquire Superior Foods International, a Watsonville, California-based supplier of frozen products in the U.S., for an undisclosed sum, according to a press release. "Our current management team and dedicated...
Compass Group plans to introduce indoor farms at its foodservice locations nationwide to allow the foodservice operator to offer locally grown produce, according to a press release. Through a new partnership with Farmshelf, a manufacturer of indoor hydroponic farms for businesses and homes, Compass...
Wellbeing Farms LLC, a subsidiary of Galexxy Holdings Inc. that provides CBD products, has executed its second supply and lease agreement with Delta 8 LLC and its associated company, uVending LLC, according to a press release. Delta will utilize branded kiosks supplied by uVending LLC under a...
The Missouri Department of Agriculture has issued a consumer alert to advise consumers that the Corn Xpress Bulk Corn Vending Machine is not-legal-for-trade in the state, according to a kttn.com report. The machine dispenses agricultural products such as corn, protein pellets, wheat and rock...
Five Star Food Service Inc., a Chatanooga, Tennessee based provider of away-from-home food and beverage retail solutions for employers and other commercial, institutional and educational locations throughout the Southeast and a Canteen franchisee, has acquired Rawls Distributing, a Canteen...
Allan Z. Gilbert, a longtime convenience services industry entrepreneur, recently passed away at the age of 82.
PepsiCo Beverages North America has broken ground on a previously announced $260 million expansion of its Tucker, Georgia manufacturing facility, according to a whatnowatlanta.com report. The expansion will create 136 full-time jobs, expanding the workforce in DeKalb County to more than 600...
Two Missouri convenience services companies — St. Louis-based Elite Cuisine and Kansas City and Sedalia-based Superior Vend-All — have merged into a new entity, Apex Restaurant and Market Solutions Inc., the largest foodservice provider based in Missouri, according to a Kansas City Patch...
Donald Tober, CEO and co-owner of Sugar Foods Corp., leapt to his death from his Park Avenue apartment in New York City on Jan. 15, according to a New York Post report. The 89-year-old Tober was struggling with Parkinson's disease, according to sources. Tober served as chairman of the International...
General Mills Inc. has agreed to sell its 51% controlling interest in Yoplait S.A.S. to Sodiaal, a French dairy cooperative, in exchange for full ownership of the Canadian Yoplait business and a reduced royalty rate for use of the Yoplait and Liberté brands in the U.S. and Canada, according to a...
Coca-Cola Consolidated Inc. has pushed back against Surry County, North Carolina's decision to remove Coca-Cola vending machines on account of Coca-Cola Co. statements about Georgia election laws, according to a myfox8.com report. During a county commissioners meeting Monday, representatives from...
Michael Suco Coca-Cola Bottling Company United Inc. has promoted Michael Suco from senior vice president and chief commercial officer to president and chief executive officer, effective Aug. 1, 2022, according to a press release. He succeeds John Sherman, who is retiring at the end of...
Compass Group PLC, which owns Canteen Vending Services Inc. in the U.S., reported revenue and earnings gains for the first half of 2022 driven by strong North America and Europe performance as the company recovers from the coronavirus pandemic, according to an earnings report. Highlights...
Vend IT vending machine manager app gives you instant live insight to the status of your vending machine network. See stock levels, expiry dates and device alerts all in one convenient app on your iPhone or iPad. Save time and keep your machines performing at their best to maximize your profits.
Daily Harvest, a New York City based meal delivery service, is installing outdoor vending machines to introduce its Scoops vegan ice cream, according to a vegnews.com report. The first machine is in Newport, Rhode Island and the next will be at Domino Park in Brooklyn, New York. The machines will...
Pritzker Private Capital, a private investment firm, has acquired Sugar Foods Corp., a Westlake Village, California-based provider of food products to foodservice, grocery, retail and restaurant brands, according to a press release. Sugar Foods' management team will continue to lead the...
Performance Food Group Inc., which owns Vistar Corp., the nationwide vending product warehouse distributor, acquired OLM Food Solutions based in Sioux Falls, South Dakota, according to a souixfalls.business.com report. Terms of the acquisition were not disclosed. OLM Food Solutions has operated...
Compass Group PLC, the U.K.-based caterer that owns Compass Group North America and Canteen Vending Services, lifted its 2023 revenue and profit over the prior year, according to an earnings release. Highlights include: Organic revenue rose 18.8% from £26.4 billion ($33.02 billion) to £31.3...
The Coca-Cola Co. will cut 58 jobs at its Upper Macungie, Pennsylvania, syrup plant by the end of 2023, according to a report in The Lehigh Valley News. The company said it has decided to suspend a part of its operations at the plant to transfer the volume to a third-party co-packer. The plant is a...
Nestle will close a southeastern Ontario plant and relocate the work to U.S. sites, citing a "highly competitive" market, according to a grainews.com report. The company will start to wind down work at the Trenton plant, where it makes dehydrated dry-blend and frozen products. The shutdown will...
Mikesells, a Dayton, Ohio-based snack manufacturer since 1910, has decided to close up shop, according to a local112.com report. A company spokesperson said it is liquidating its assets and will "transition all Mikesell's brand and IP rights to another quality snack food manufacturer, as soon as...
A pair of Florida entrepreneurs have created vending machines to sell locally crafted art. Lucid Vending has deployed the machines at Pom Pom Teahouse and Sandwicheria in St Petersburg, according to a thatsotampa.com report. The company, owned by Kayla Cox and Chance Ryan, provides local businesses...
Cargill Inc., a global food manufacturer, has agreed to acquire Aalst Chocolate Pte. Ltd., a Singapore-based chocolate manufacturer, for an undisclosed sum, according to a press release. Pending regulatory approval and closing conditions, the acquisition will expand Cargill's Asia-Pacific...
Capital Provisions, a full-service vending operator based in Los Angeles, has acquired Boost Micro Markets from owner Matt Foist for an undisclosed sum, according to Woody Kassin, CEO of Capital Provisions. The purchase is the second acquisition completed by Capital Provisions in San Diego and...
Candwich, a sandwich in a can, offers a sandwich kit designed to fit existing soft drink vending machines to provide convenient food, according to a press release. Anyone, anywhere can grab a Candwich from a vending machine and keep back-ups in their desk, car or backpack. The product has a...
iCream, the automated soft-serve and frozen yogurt vending machine, has teamed with Pinkberry, a frozen yogurt brand, to extend iCream beyond its existing 10 locations, according to a press release. Pinkberry is owned by Kahala Brands "Pinkberry wants to be conveniently accessible to consumers no...
A federal appeals court has denied Compass Group USA's request to rehear a decision that allowed a consumer to sue the company for violating an Illinois consumer privacy law. The United States Court of Appeals for the Seventh Circuit on June 30 denied the rehearing and amended the previous opinion....
Monogram Foods, a Memphis, Tennessee-based food product manufacturer that has been long active in convenience services, has completed construction on a 135,000-square-foot facility for sandwich manufacturing, its fourth Massachusetts location, according to a press release. The company, which...
Splash Beverage Group Inc., a portfolio company of beverage brands, has teamed with Tucson, Arizona-based Kalil Bottling to expand the distribution of TapouT Sports Performance Drink, according to a press release. "Kalil Bottling is one of the top distribution companies in the entire western United...
Vending, micro market, coffee service and pantry service operators converged by the thousands onto the trade show floor for three days, anxious to find new products, technology and equipment.
Five Star Food Service Inc., a Canteen franchise based in Chattanooga, Tennessee, has acquired Refreshment Solutions LLC, a Canteen franchise based in Norco, Louisiana covering New Orleans, Baton Rouge and Biloxi, for an undisclosed sum, according to a press release. This marks the second Five Star...
Grupo Bimbo, a Mexico City-based global baking company, will invest over $200 million to build a second production facility in Valdosta, Georgia, creating 295 jobs in Lowndes County, according to a press release. The facility will be located at the Westside Business Park, a "Georgia Ready for...
AUA Private Equity Partners LLC, based in West Palm Beach, Florida, has acquired Weaver Holdings LLC, parent company of Bethlehem, Pennsylvania-based Weaver Popcorn Manufacturing, a fourth-generation family-owned manufacturer of snacking products, according to a press release. Financial terms of...
Coca-Cola Europacific Partners will be the new name of the company formed by the previously announced merger of Coca-Cola Amatil and Coca-Cola European Partners, according to a press release. Coca-Cola Europacific Partners will be the world's largest Coca-Cola bottler. The company will employ over...
Smart Soda Holdings Inc., a Cleveland-based provider of wellness beverage technology and wellness beverage brands, has announced a partnership with Compass Group North America to provide Smart Soda's JuLi point-of-service hydration system, according to a press release. The partnership will bring...
Contactless transactions soared during the coronavirus pandemic, according to a joint study by Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, and the Broad College of Business at Michigan State...
Unattended Solutions Inc., doing business as Bleni Blends, a Philadelphia-based frozen beverage kiosk provider, secured an investment offer on ABC's Shark Tank Friday from Daniel Lubetzky and Lori Greiner, according to a press release. Brothers Peter and Stuart Shapiro pitched their frozen beverage...
Two state vending associations, the California Automatic Vendors Council and the Arizona Automatic Merchandising Council, will hold a joint annual meeting Sept. 29 to Oct. 1, at the Town & Country Resort in San Diego, according to a press release. The gathering will include Thursday education...
Vend Tech International, manufacturer of Naturals2Go vending machines, self-checkout micro markets and gourmet coffee equipment, will relocate its headquarters, training center, assembly manufacturing and global distribution and technology development facility to the Savannah Chatham Manufacturing...
Farmer's Fridge, which operates fresh food vending machines nationwide, has begun delivering its signature salads and wraps in jars and bowls to retail locations including Costco, Hudson News, Target and Jewel-Osco, an Albertson's company, the company stated in an email to this site. Placements...
Grupo Verzatec S.A. de C.V., based in Monterrey, Mexico, has abandoned its proposed acquisition of Crane Composites, a wholly-owned subsidiary of Crane Co., after the U.S. Department of Justice filed a complaint alleging that the proposed $360 million transaction would impede competition in the...
J&J Snack Foods Corp. opened its first owned distribution center in Terrell, Texas, according to a bakingbusiness.com report. The 117,000-square-foot facility is the first of three, with two more opening in the coming months. The center can hold 11,000 pallet positions for frozen food storage,...
Donald M. Kendall Donald M. Kendall, who engineered the merger of Pepsi-Cola and Frito-Lay and built PepsiCo Inc. into one of the largest food and beverage companies, passed away Sunday at his home in Greenwich, Connecticut, according to a report in The Washington Post. He was 99. From...
Cargill has acquired ProPortion Foods, a food manufacturer of fully cooked products, portion control steaks and ready-to-grill meats, for an undisclosed sum, according to an Ohio Ag Connection report. The purchase gives Cargill protein plants in Round Rock, Texas and Vernon, California to serve the...
Frito-Lay, a division of PepsiCo Inc., has launched a $235 million expansion project at its Killingly, Connecticut manufacturing site, where the company plans to create 120 new jobs, according to a press release. Frito-Lay's Killingly site began operations in 1980 with just 200 employees, and...
Refresco, an independent bottler based in Rotterdam, The Netherlands, has agreed to acquire three of the Coca-Cola Co.'s U.S. production locations and become a third party Coca-Cola contract manufacturer, according to a press release. Terms of the transaction, which is subject to regulatory...
Tommy Chan and Jason Yeung, systems design engineering students at the University of Waterloo, developed a vending business while students in 2010. They acquired a machine for $400 and equipped it with telemetry-enabled remote monitoring that tracks inventory so they know when to refill the machine...
PepsiCo Beverages North America will invest $260 million into the expansion of its manufacturing facility in the city of Tucker within DeKalb County, Georgia, according to a press release. The expanded facility will create at least 136 new full-time jobs, increasing the facility's total workforce...
AffinityLifestyles.com, owner of Real Water, a Las Vegas based water brand that has been ordered to recall its products, has agreed to discontinue operations until it complies with federal regulations, according to a pennlive.com report. A federal judge yesterday ordered a permanent injunction...
General Mills Inc. has completed the sale of its Helper main meals and Suddenly Salad side dishes businesses to Eagle Family Foods Group in a cash transaction valued at approximately $610 million, according to a press release. Eagle Foods, a portfolio company of Kelso & Co., is a producer and...
Harbor Wholesale, a wholesale foodservice distributor based in Lacey, Washington, has acquired Modesto, California-based MTC Distributing Co. for an undisclosed sum, according to a press release. The combined companies operate four distribution centers on the West Coast, servicing customers from...
Mondelēz International Inc., a snack manufacturer, and Olam Food Ingredients, a supplier of cocoa beans and cocoa ingredients, have partnered to create the world's single largest sustainable commercial cocoa farm, according to a press release. The model builds on Mondelēz International's experience...
Ford Gum & Machine Co. Inc., a manufacturer of retail confectionery products and private label gum, has named CandyMachines.com, a manufacturer of vending machines, as exclusive North American distributor for Ford Gum and its line of Carousel branded gumball machines, featuring models such as...
Nocera Inc., a Taiwan based seafood manufacturer, has teamed with Meixin Institutional Food Development Co. Ltd. to enter a distribution agreement with Farmers Vending Machine Co. Ltd., according to a press release. Farmers, an affiliate company of Cathay International Holding Limited, has agreed...
Coca-Cola Bottling Co. United Inc., a Birmingham, Alabama-based Coca-Cola bottler, recently broke ground on an $85 million expansion of its Macon, Georgia sales center, according to a press release. The project includes expanding the existing warehouse, installing a state-of-the-art warehousing...
Quench, a provider of filtered drinking water, ice and coffee solutions across North America, has acquired Guy's Ice Machine Service and Atlas Ice Machines and Refrigeration, two Florida-based providers of rental and servicing of commercial ice machines, according to a press release. Terms of the...
Georgia Gov. Brian Kemp announced that Frito Lay Inc. plans to expand its operations in Perry, Georgia, creating 120 new jobs and investing $200 million, according to an allongeorgia.com report. The expansion will add a line to produce Frito-Lay tortilla chip products, a second line to produce...
PepsiCo Beverages North America has opened a 150,000-square-foot warehouse in Lisbon, Wisconsin, a regional hub with more than 260 employees, according to a press release. The warehouse will help meet growing demand across Washington, Ozaukee, Waukesha and Milwaukee counties in Wisconsin for Pepsi,...
Green Globe International Inc. and its subsidiary, Hempacco, a herb and hemp cigarette manufacturer, has entered into an agreement with The Pelican Group, a vending and amusement management company, to roll out of the company's HempBox automated vending machines that sell CBD, CBG and hemp...
John B. Sanfilippo & Son Inc. has agreed to acquire TreeHouse Foods Inc.'s Lakeville, Minnesota manufacturing facility and snack bars business for approximately $63 million in cash, according to a press release. The manufacturing facility produces a range of private label snack bar products and...
Fastcorp Vending has teamed with ABsea Change Inc., a solutions provider focused on the intersection of CPG, CBD, cryptocurrency and consumers, to facilitate the adoption of vending machines and technologies in unattended retail spaces, according to a press release. ABsea Change brings expertise in...
Jim Caltabiano Del Monte Foods Inc. named foodservice veteran Jim Caltabiano as chief financial officer, reporting to Parag Sachdeva, chief operations officer, according to a press release. He joins Del Monte from Ajinomoto Foods North America, a frozen food manufacturer, where he was...
Coca-Cola Amatil's independent shareholders voted to accept Coca-Cola European Partners' offer to acquire the Australian firm for A$9.93 billion ($7.68 billion), according to a Reuters report. CCEPC is Coca-Cola's European bottling arm. CCEP increased its takeover offer in February to A$13.5...
Selecta Group, the Switzerland based route service provider of coffee and convenience food solutions, has partnered with Mars Wrigley to introduce touchscreen vending machines that provide detailed product information, as well as modern payment processing, in the European market. The machines...
Capital Provisions has acquired Luxury Vending, which operates nearly 250 vending machines, for an undisclosed sum, marking its fourth acquisition in San Diego County, California, according to a press release. "The purchase of Luxury Vending will build upon our existing presence in San Diego...
Keeping up with all the new capabilities that technology can offer vending and related services has become one of the biggest challenges for companies active in convenience services. Which of today's up-and-coming innovations — such as artificial intelligence, computer vision, biometric identity...
Sysco Corp. a global foodservice distribution company, has agreed to acquire The Coastal Companies, a fresh produce distributor and value-added processer, from Continental Grain Co., for an undisclosed sum, according to a press release. Upon completion of the transaction, the acquisition will...
An ice cream store in St. Michael, Minnesota, now offers its wares 24/7 in an outdoor ice cream vending machine, according to a Press & News report. The Fastcorp machine has been branded for the store under its name, "What's the Scoop?" The customer selects their desired flavor and the internal...
Five Star Food Service Inc., a Canteen franchise based in Chattanooga, Tennessee, has acquired Elite Vending Co., an Atlanta-based operation that services Fulton, Cobb, Douglas and Clayton counties in Georgia, for an undisclosed sum, according to a press release. The acquisition adds to the...
LTI Inc., a Jonesboro, Georgia-based manufacturer of foodservice serving technologies, has extended its partnership with The Hansen Group, a Duluth, Georgia-based manufacturers rep organization, to represent LTI in the MAFSI Region 12, which includes Alabama, the Florida Panhandle, Georgia and...
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