Deals and M&A • E&S Companies • Global • Manufacturers & Reps • The Ashton Report

Breaking News: Hoshizaki Americas Buys Stake In Central American Refrigeration Maker Fogel Co.

March 6, 2024
by The Ashton Report
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The Toyoake, Japan-based global foodservice equipment manufacturer Hoshizaki Corp. announced Feb. 21 that Hoshizaki Americas, its Peachtree City, Ga.-based division (technically Hoshizaki USA Holdings, Inc.) has signed a “strategic partnership” with Fogel Co., a Panama City, Panama-based manufacturer of commercial refrigeration whose factory is in Guatemala. Hoshizaki Americas acquired a 25% stake in Fogel for…

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