April_2022 - 9

FreshBrew to sell
vending division to
Compass Group
The sale is a strategic move
by FreshBrew to focus
the company's efforts
and resources on the
expansion of its coffee, tea
and extract product lines.
FreshBrew has grown its
vending division into a large,
independent market leader
in Texas. The vending division
maintained a strong focus
on technology and healthy
initiatives, offering safe,
convenient and efficient
transactions, as well as
customized offerings such
as micro markets and smart
cafes, setting the company
apart from its competition.
VendingMarketWatch.
com/21262253
Capital Provisions
acquires 3D Vending
Capital Provisions
announced it has
completed the acquisition
of 3D Vending. The
purchase marks the
seventh completed by
Capital Provisions over the
past two years and the
second to be operated out
of its Palm Springs branch.
The acquisition delivers
a wide-ranging portfolio
of vending and market
accounts and broadens
Capital Provisions' service
area in the Temecula and
Riverside regions. Beyond
acquisitions, Capital
Provisions is driven by
extraordinary customer
service, organic growth
and operational efficiency
in conjunction with its
technology partner,
Vagabond.
VendingMarketWatch.
com/21261384
M ONLINEORE
Crane Co. to separate
into two companies
Crane Co. announced a plan
to pursue a separation into
two independent, publicly
traded companies - Crane
Co. and newly formed,
Crane NXT. Crane Co. will
include the Aerospace &
Electronics and Process
Flow Technologies
businesses. The Payment
and Merchandising
Technologies (PMT)
business will become
Crane NXT and is expected
to achieve approximately
$1.4 billion in sales with a
pre-corporate adjusted
EBITDA margin of
approximately 28%.
VendingMarketWatch.
com/21262236
Alkaline Water
Company expands
production
VendingMarketWatch.
com/21262384
FinGo and VMC
partner for new
vending prototype
VendingMarketWatch.
com/21261017
Westrock Coffee
Company rebrands
VendingMarketWatch.
com/21259797
Keurig Dr Pepper
announces net
positive water goals
VendingMarketWatch.
com/21261476
PEOPLE IN THE NEWS
Carla Saunders retires
from AVS Companies
Saunders is retiring from the amusement
and gaming industries effective April 1. She
has been with the company for 17 years.
Coca-Cola's board elects Mike Suco
Suco will serve as Birmingham, AL-based
Coca-Cola Bottling Company United Inc.'s
next president and chief executive, effective
Aug. 1, 2022. Suco, whose career spans more
than 26 years in the Coca-Cola system, is
currently Coca-Cola United's senior vice
president and chief commercial officer.
Compass Group appoints Shelley
Roberts to chief commercial officer
Roberts joined Compass in 2017. She will lead
the group's global clients, strategies, M&As,
health and safety, sustainability, digital and
procurement functions.
Karla Schlieper is appointed
president of Mondelēz Canada
Schlieper assumes the leadership role in
Canada following her success leading the
Mondelēz business in Latin America. Schlieper
joined Mondelēz International in 2013.
Sodexo taps David Gillan
Sodexo SA appointed Gillan to the role of
chief of strategy and client retention for its
Sodexo U.S. Healthcare unit. He previously
served as group senior VP for Vizient.
NAMA appoints Nick Steingart as state
director to government affairs team
Steingart comes to NAMA from the Associated
Builders and Contractors where he managed
ABC's state and local affairs. Steingart
has experience in both political and official
capacities at the state legislative level.
April 2022 * VendingMarketWatch.com 9
http://VendingMarketWatch.com/21262384 http://VendingMarketWatch.com/21261017 http://VendingMarketWatch.com/21259797 http://VendingMarketWatch.com/21262236 http://VendingMarketWatch.com/21261384 http://VendingMarketWatch.com/21262253 http://VendingMarketWatch.com/21261476 http://www.VendingMarketWatch.com
April_2022

Table of Contents for the Digital Edition of April_2022
