Henny Penny’s largest global distributor has gone on the acquisition trail by snapping up a specialist supplier of heavy duty griddles, ice cream machines and drawer warmers.
Jestic Foodservice Equipment, a UK-based distributor, acquired the Malibu Corporation in a move that expands its product portfolio and takes it deeper into the north of England.
It is the first acquisition that Jestic – which is the UK agent for a number of US brands, including Wood Stone and the now Middleby-owned Josper and Sveba Dahlen – has made since it was taken over by South Africa-based Universal Industries International in April this year.
Earlier this year Henny Penny commended Jestic for achieving the largest sales volume of the commercial manufacturer’s products from the company’s pool of distributors across the globe.
The Ohio-based food equipment company awarded it with the ‘Highest Total Sales – Worldwide’ accolade at a Distributor Achievement Awards dinner in Orlando.
The UK-based equipment distributor beat off competition from Henny Penny’s 125 worldwide distributors to claim the top spot, with general market sales of Henny Penny items up more than 14% compared to the previous year.
Jestic was also commended by Henny Penny for delivering an “exceptional service and comprehensive after-sales package” to Henny Penny customers in the UK and for participation in the manufacturer’s training sessions both remotely in the UK and in other locations internationally.
Ben Dale, managing director of Jestic, said the acquisition of Malibu’s portfolio was a good fit with its own.
“We are delighted to welcome Malibu Corporation to the Jestic family and look forward to working with them to further grow the business. This is an exciting chapter in the growth of Jestic and the range of equipment distributed by Malibu perfectly complements and broadens our existing portfolio.
“There is also a great cultural fit between the two companies, who share the same values and a commitment to work collaboratively with customers and provide the highest possible levels of service.”
Malibu will continue to operate as a separate company under its existing name, with Jestic promising to expand the company head office with a new test kitchen and meeting facilities.