Published 4 days ago • loading... • Updated 4 days ago

CFS Brands Acquires Cornerstone Foodservice Group

CFS Brands announced it acquired Cornerstone Foodservice Group, with the deal detailed in a press release and CFG operating as a stand-alone entity within CFS Brands.
The deal expands CFS Brands' portfolio by adding CFG product lines including induction cooking, pizza and baking pans, espresso machines, and food protection systems, and CFS Brands said this gives customers broader access to a deeper product line-up.
CFS Brands plans a deliberate integration process that treats the change as a gradual evolution focused on understanding teams, while assuring customers and suppliers business will continue as usual.
CFS Brands said the deal enlarges its workforce and footprint, employing more than 1,800 people across seven manufacturing locations and eleven distribution centers, and welcomed CFG employees.
As a U.S.-based manufacturer, CFS Brands already serves foodservice, healthcare, and hygiene markets, positioning the combined firm across multiple sectors, with CFG's portfolio including established, innovative brands.

Insights by Ground AI