Heritage Buys Key Food Equipment Services
Featured Article | April 7, 2014
Canadian Acquisition Expands the Company's Aftermarket Service and
Genuine OEM Parts Distribution Footprint from Ontario to British Columbia
FORT WAYNE, Indiana - April 7, 2014 - Heritage Food Service Group, Inc. (Heritage) today announced that it has acquired Key Food Equipment Services, Ltd. of Vancouver, British Columbia (KFES) for an undisclosed amount.
Founded in 1982, KFES is the largest Food Equipment Repair and Genuine OEM Parts Distributor in the Western Provinces of Canada.
"This acquisition will position Heritage to accelerate its expansion into the Canadian market," said John T. McDonough, CEO of Heritage Food Service Group, Inc. "In combination with our acquisition of .G. Henderson & Son, Ltd. (RGH) in February of last year, we now enjoy an expansive aftermarket service and Genuine OEM parts distribution footprint spanning from British Columbia to Ontario. We are excited about what that will mean in terms of both coordinated service coverage in support of multi-province customers, and the expanded supply of parts to independent service agencies and self-servicing end-use operators."
"With KFES and RGH, we are proud to be partnered with the most respected aftermarket service and Genuine OEM parts providers in the Canadian space," McDonough said.
"We are pleased to be joining the Heritage team," said Ken Beasley, president of KFES. "In partnership with both RGH and Heritage, we are excited about the added value we will be able to provide to our service and parts customers - especially those whose coverage needs extend beyond the western provinces."
"By leveraging the strengths and best practices of our respective aftermarket service models, and by being able to design and deliver coordinated customer-specific service offerings for accounts with presence in multiple provinces, I see a great future for our businesses," said Rick Blum, president of RGH.
"Together, we also see a great opportunity for a coordinated and geographically expansive reach for the distribution of 100 percent Genuine OEM Parts to our respective subagents, and also to the independent servicer and self-service operator communities," said Beasley.
Beasley and Blum will remain as presidents of KFES and RGH, respectively. In these capacities they will also serve as Presidents of the Western Canada and Eastern Canada Divisions of Heritage Food Service Group of Canada (HFSGC). Both Ken and Rick will report to McDonough.
About Heritage Food Service Group, Inc.
Founded in 1987 in Fort Wayne, Indiana, Heritage is the largest independent distributor of Genuine OEM service and replacement parts for commercial foodservice equipment in North America. Powered by a team of over 120 parts specialists backed by the industry's largest inventory of Genuine OEM parts, Heritage serves over 800 equipment manufacturers with seamless distribution of their parts to the extended communities of service agents and self-service end-use operators across the United States and Canada. Heritage also fields 31 service technicians out of three service offices located in Miami, New Orleans and Oklahoma City.
About Key Food Equipment Services
Founded in 1982 in Burnaby (Vancouver), British Columbia, Key Food Equipment Services is the largest factory-authorized aftermarket repair services provider to commercial kitchens in the western provinces of Canada. KFES fields 45 service technicians out of seven service offices located across British Columbia, Alberta and Saskatchewan. Key also enjoys a team of nine dedicated parts specialists who serve the company's technicians, subagents and self-service operators with parts identification, technical support and shipment of Genuine OEM Parts from the company's two parts warehouses.
About R.G. Henderson
Founded in 1896 in Toronto, Ontario, by the company's namesake as a business focused mainly in plumbing and tinsmith work, the company evolved into what is now the largest factory-authorized aftermarket service provider to commercial kitchens in the Greater Toronto Area and the broader Province of Ontario. RGH fields 27 technicians from its Toronto location. Henderson also enjoys a growing Genuine OEM distributed parts business serving the eastern provinces from its Toronto warehouse, driven and supported by a team of 14 dedicated Parts Specialists.
Jamie Kenny, Public Relations Counsel