Hoshizaki Alliance completes $430M acquisition of Structural Concepts

Hoshizaki Alliance completed its acquisition of food display cases maker Structural Concepts Corp., Muskegan, Mich., from Mason Wells for $430 million. The acquisition, announced earlier this year, expands Hoshizaki Alliance’s product portfolio for foodservice, retail and B&I markets. The company, which makes temperature-controlled food and beverage merchandisers for grab-and-go applications, including micro markets.

What they are saying

“This acquisition reflects our commitment to growing both organically and through the addition of like-minded, innovative companies,” said Chris Karssiens, president of Hoshizaki USA Holdings, Inc., in a release. “We are proud to welcome Structural Concepts to the Hoshizaki Alliance family. Their focus on quality and ingenuity fits perfectly with our culture and emphasis on being a ‘Best Place to Work.’ Together we will be able to provide our customers with even more comprehensive, best-in-class solutions.”

Joe Mockus, president of Structural Concepts, commented in a release, “Joining the Hoshizaki Alliance is an exciting new chapter for our company and our employees. We share a common dedication to innovation, customer satisfaction, and industry leadership. As part of the Alliance, we look forward to contributing to future growth and creating even more value for our customers across the foodservice spectrum.”

Hoshizaki Alliance is part of Hoshizaki USA Holdings Inc., a group of foodservice manufacturing companies.