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Ronnoco Coffee acquires American equipment provider

by Staff Writer
March 12, 2019
in News
Reading Time: 2 mins read
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The United States-based Ronnoco Coffee has announced the acquisition of equipment provider Beverage Solutions Group for an undisclosed amount. Beverage Solutions Group is a provider of high-quality beverages and convenience store and foodservice industry equipment “We are excited about working with the great team at Beverage Solutions to focus together on expanding the combined portfolio of products, brands and equipment,” Ronnoco CEO Terry McDaniel says. “Beverage Solutions has built a strong reputation in the beverage industry and is a great fit for Ronnoco’s continued brand momentum.” This is the eighth acquisition for Ronnoco in six years. Huron Capital acquired Ronnoco in 2012 as the platform investment for its ExecFactor initiative within high-growth beverage categories. Beverage Solutions was founded in 1997 by Doug and Steve Thompson in Maynardville, Tennessee. Ronnoco says the company has become known for providing reliable, environmentally friendly, equipment and products ever since. Beverage Solutions sells creamers, sweeteners, cappuccino and hot chocolate, in addition to foodservice equipment. “We anticipate Ronnoco’s industry expertise will help us grow our current beverage equipment and brand offerings,” Beverage Solutions’ Co-Owner and President Steve Thompson says. “Doug and I feel this partnership will provide significant benefits for our employees and our customers.” Working with over 70 distributors throughout the country, and with over 90 shipping locations, Beverage Solutions deepens Ronnoco’s presence throughout the US in convenience stores, food service locations and offices. “For over 20 years, Beverage Solutions has provided high-quality products and equipment along with excellent customer service,” Partner at Huron Capital Partner Matt Hare says. “The addition of Beverage Solutions expands Ronnoco’s national footprint from 35 to 43 states and provides additional distributor relationships.” Ronnoco Coffee roasts and distributes coffee and teas under six primary brands: Ronnoco, Seattle Roast, Wild Horse Creek, Henderson, Coffee House and Camellia.

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