Automatic Merchandiser

FEB 2013

Automatic Merchandiser serves the business management, marketing, technology and product information needs of its readers including vending operators, coffee service operators, product brokers, and product and equipment distributors in print.

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TOP Five Star Food Service acquires Light Vending Co.'s Douglas, Ga. operation ▶ Five Star Food Service Inc., based in Chattanooga, Tenn., recently acquired the Light Vending Co.'s Douglas, Ga. operation from owner Brantley McMinn, for an undisclosed sum. The 9-routes, warehouse and management employees will all be retained and the assets and associates folded into Five Star Food Service. Visa, MasterCard allow surcharge fee ▶ Beginning in January 2013, Visa® and MasterCard® started allowing merchants to pass along payment processing costs to consumers who pay with a credit card. The surcharge, or "checkout fee," can increase a credit card purchase amount by as much as 4 percent (maximum allowed). Master Wholesale and Vending acquires Jones Vend and OCS law went into effect Jan. 1, 2013 and violations result in a statutory penalty of $100 for each aggrieved employee per pay period for the initial violation and $200 for each subsequent violation. California requires commissions in writing ▶ A new labor code in California requires employers paying any type of commission (full or partial) to present a written commission plan signed by both the employee and employer. The People in the News Crane names Max Mitchell president Crane Co. announced the appointment of Max H. Mitchell as president and chief operating officer. Michiel Herkemij CEO leaves D.E MASTER BLENDERS 1753 Crane to buy MEI for $820 million ▶ Crane Co. has signed an agreement to purchase 100 percent of the equity interests in MEI Conlux Holdings, Inc. and its affiliate MEI Conlux Holdings, Inc. from Bain Capital and Advantage Partners for approximately $820 million on a cash free and debt free basis. The Federal Trade Commission is reviewing the sale and its approval is expected in the second quarter. Sacramento Bottler Sells to Coca-Cola Co. ▶ California-based Sacra- mento Coca-Cola Bottling Co., the sixth-largest independent Coca-Cola bottler in the U.S., was recently acquired by the Coca-Cola Co. for an undisclosed sum. ▶ Master Wholesale and Vending Supply, Inc. based in Jackson, Wis., has entered into an agreement to acquire Jones Vend and OCS Distributing, Inc. of St. Louis, Mo. NEWS Performance Food buys Fox River Foods ▶ Performance Food Group, Inc., the parent company of Vistar, has entered into an agreement to purchase Fox River Foods, Inc., an independently owned broadline foodservice distribution company serving customers in seven states throughout the upper Midwest. The transaction will close in 2013. Mitchell Michiel Herkemij, CEO of D.E MASTER BLENDERS 1753, left the company by mutual consent at the end of 2012. Jan Bennink, non-executive chairman of the board, will assume the CEO's responsibilities until a new CEO has been appointed. Intrix names senior vice president Intrix Technology, Inc. announced that Phillip Head, former head of sales for Accelerated Payment Technologies, has joined the company as senior vice president. Head Mark Goodman becomes president and CEO of Boyer Coffee Colorado-based Boyer Coffee Co. announced that Mark Goodman has been appointed chief executive officer and president. Hillshire tabs Krafts' Brian Davison The Hillshire Brands Co. announced that Brian Davison has joined the company as senior vice president, corporate strategy and development. Davison joins Hillshire from Kraft Foods, Inc. where he was vice president of strategic planning. Davison Eric Dell joins NAMA government affairs The National Automatic Merchandising Association (NAMA) recently announced the appointment of W. Eric Dell to the position of senior vice president of government affairs. Dell Lock America CEO steps back Frank Minnella, CEO of Lock America International, Inc. of Corona, Calif. is stepping back from daily involvement in company operations to move to an advisory strategic role. Minnella GMCW announces new sales directors and Northeast vice president Grindmaster-Cecilware Corp. has appointed Kristian Kuh Western U.S. area sales director, Kenny Stratton central U.S. area sales director, and David Haimes to area vice president, Northeast. February 2013 VendingMarketWatch.com Automatic Merchandiser 7

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