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Continental Acquires Satellite Vending


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Continental, Michigan’s largest food management company, today announced it has acquired Satellite Vending Company, a subsidiary of VendTek Wholesale Equipment, Inc., located in Wixom, Mich.

According to Steve LaPorte, President of Continental’s refreshment services group, Satellite Vending brings Continental a diversified and strong client base, and a scalable technology platform, making it a seamless fit with the company’s market-leading refreshment services line of business.

Continental added Satellite Vending as part of its plans for continued growth and geographic expansion announced earlier this year. The company also plans to focus on making strategic investments in innovation and technology to enrich the customer experience in its entire portfolio of services.

“Satellite Vending is a perfect complement to Continental’s refreshment services operations,” says Steve LaPorte. “Joining forces with Satellite also enhances our ability to reach more customers with our diverse on-the-go refreshment service options.”

Continental, Michigan’s largest food management company, provides a wide range of custom dining, refreshment, and event services for more than 700 small and medium-sized businesses, blue-chip corporations, colleges, universities, business and industrial sites, and hospitals and medical centers. The company’s custom-tailored services range from on-site corporate cafés, grab-and-go markets and traditional vending, to off-premise catering and event services. Continental’s team is passionate about creating engaging experiences with fresh, handcrafted food, helping the company earn a spot on Food Management magazine’s FM 50 2017 ranking of the top 50 largest noncommercial contract dining management companies in the U.S. Visit www.ContinentalServes.com for more details about the company and its diverse portfolio of services.

Marc Rosset of Professional Vending Consultants, Inc. assisted as intermediary in this transaction.

 
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