Carlisle Companies acquires San Jamar
San Jamar has annual sales of $87m and 120 employees.
In Elkhorn, Wisconsin, it designs and distributes dispensers for paper towels, soap and air purification as well as personal and food safety products for commercial and institutional foodservice customers.
The business will be a separate unit within Carlisle FoodService Products, a provider of items for the restaurant, healthcare and janitorial sectors, including foodservice permanentware, table coverings, cookware, displayware, catering equipment and meal delivery systems.
D Christian “Chris” Koch, Carlisle’s president and CEO, said the business has been on the target list for years.
“San Jamar offers Carlisle FoodService Products innovative new products, opportunities to expand Carlisle’s presence in San Jamar’s complementary sales channels and a history of profitable growth.
“In addition, Carlisle can provide new outlets for San Jamar products and contribute to San Jamar’s continuous improvement through the Carlisle Operating System.”
Digi International buys SMART Temps
In other acquisition news, Digi International has acquired a provider of real-time foodservice temperature management for various sectors.
The provider of machine-to-machine (M2M) and Internet of Things (IoT) connectivity products and services bought SMART Temps for an undisclosed amount.
With its third acquisition in 15 months, Digi has more than 10,000 locations under management.
The acquired SMART Temps technology will continue to be supported, said the firm.
Ron Konezny, president and CEO at Digi International, said: "Our objective is to identify the best ideas and technologies across our cold chain portfolio to bring the most advanced solutions to market."
SMART Temps' system provides menu integration capabilities, which decreases the time it takes to perform manual temperature tasks.
John Miller, CEO, and SMART Temps employees will become part of the Digi Cold Chain Solutions team under Kevin Riley, COO.