Cornerstone Foodservice Group Broadens Equipment Portfolio with Acquisition of Equipex

CHICAGO, IL / ACCESSWIRE / May 20, 2024 / Cornerstone Foodservice Group (CFG), a leader in premium foodservice equipment, announced today the acquisition of Equipex, a notable manufacturer of cooking, holding, induction, ventless hood, and display equipment since 1996.

Equipex joins Spring USA, LloydPans, and Astra Manufacturing under CFG's collection of brands. This strategic alliance enhances CFG's capabilities, product lines, and service offerings to its commercial customer base. The acquisition includes SA Vents, Equipex's patented Small Appliance Ventless Hood System.

Kristine Holtz, CEO of CFG, stated that this collaboration will strengthen their kitchen equipment offerings for the foodservice market. Gary Licht, founder of Equipex, will continue in a leadership role, ensuring a seamless integration of Equipex’s portfolio into CFG’s offerings. Equipex will maintain its operations in Providence, Rhode Island.