CFS Brands acquired Cornerstone Foodservice Group (CFG), a global leader in foodservice equipment serving both front- and back-of-house applications through a portfolio of established, innovative brands.

The acquisition strengthens CFS Brands’ portfolio of quality-focused foodservice brands to include Spring USA induction cooking and buffet equipment and custom banquet furniture; LloydPans pizza pans, baking pans, and accessories; Versa-Gard food protection systems; Equipex countertop cooking and finishing equipment, ventless hoods, Roller Grill and Adventys products; and Astra espresso machines, and steamers. Headquartered in Naperville, Illinois—with manufacturing operations in Spokane, Washington; Providence, Rhode Island; and Morrow, Georgia—CFG brings strategic capabilities, diverse product lines, and service expertise to foodservice operations worldwide.

“Cornerstone Foodservice Group has built an incredible collection of well recognized brands with a reputation for exceptional quality, design, and innovation,” Trent Freiberg, CEO of CFS Brands, says. “Cornerstone joins a portfolio of businesses and brands that are leaders in their respective markets. The combination of CFG and CFS Brands will give customers even further access to the broadest and deepest line-up of products and solutions to enhance their business. We are excited to work with the leadership team at Cornerstone Foodservice Group, and we welcome all CFG employees to CFS Brands.”

Kristine Holtz, CEO of CFG, adds, “Joining CFS Brands marks an exciting new chapter for Cornerstone Foodservice Group. This partnership allows us to build on our legacy of innovation and service while creating new opportunities for our customers and employees. We are proud to align with such a respected and professional organization.”

The integration of CFG will be approached as a thoughtful, gradual evolution. The process will begin with a deliberate focus on building a deep understanding of the businesses, brands, and teams, as well as identifying the unique strengths and opportunities each company brings. The CFG brands will continue to operate as stand-alone entities within CFS Brands. Customers and suppliers can expect business as usual, with ongoing interactions conducted as they are today.