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Ronnoco Coffee acquires Beverage Solutions Group

Ronnoco Coffee acquires Beverage Solutions Group

first_imgRonnoco Coffee acquires Beverage Solutions GroupPosted By: Martin Whiteon: March 11, 2019In: Beverage, Business, Industries, Mergers & Acquisitions, Refreshment, Tea & CoffeePrintEmailRonnoco Coffee has acquired US-based coffee equipment supplier Beverage Solutions Group for an undisclosed sum.Beverage Solutions Group sells coffee equipment such as creamer and sugar dispensers for foodservice and convenience stores in 43 US states, working with over 70 distributors.This acquisition is the sixth made by Ronnoco in the last eight years, and the company says that the acquisition will further enhance its position in the US foodservice, convenience and office segments.Ronnoco, chief executive officer Terry McDaniel, said: “This purchase supports Ronnoco’s overall strategy of being a single-source supplier for the beverage category, continuing to expand nationally and furthering our acquisition investment within high-growth beverage categories.“Beverage Solutions Group has been providing high-quality equipment, products and customer service in an efficient and environmentally friendly way for the past 20 years.“We are excited about working with this great team to focus together on expanding the combined portfolio of products, brands and equipment.”Beverage Solutions co-owner and president, Steve Thompson, added: “Doug and I are extremely excited to join the Ronnoco team.“We feel this partnership will provide significant benefits for our employees and our customers.”Share with your network: Tags: Beverage Solution GroupcoffeeRonnoco CoffeeUSlast_img read more