SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Qantas to Sell Jetstar Japan Stake as It Refocuses on Core Australian Operations 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
CORONA, Calif., Aug. 31, 2017 -- Sterno Products, LLC, the leading provider of portable warming and ambience products for the foodservice and retail markets, is pleased to announce the acquisition of sevenOKs.
sevenOKs, based in La Porte, Indiana, is one of North America’s top manufacturers and distributors of premium Insulated Food Carriers and accessories for restaurant delivery, stadium concessions, catering operations, and school nutrition programs.
The purchase of sevenOKs represents Sterno Products’ expansion into product lines that are a natural extension of the company’s over 100-year commitment to helping its customers keep food at ideal and safe serving temperatures, while further increasing Sterno Products’ presence in foodservice. “This movement toward having fully-prepared meals delivered to one’s doorstep shows no signs of slowing down and we’re excited about providing delivery solutions to restaurants, caterers, and third-party delivery companies,” said Craig Carnes, Senior Vice President of Sales and Marketing, Sterno Products.
Sterno Products, President and CEO, Don Hinshaw added, “Like our 2016 acquisition of Northern International Incorporated, North America’s premier flameless candle and outdoor lighting company, this acquisition is an excellent strategic fit. Sterno Products will continue to broaden its portfolio of industry leading products for the foodservice marketplace.”
sevenOKs will be renamed Sterno Delivery and is now a wholly owned subsidiary of Sterno Products.
About Sterno Products
Headquartered in Corona, California, Sterno Products is the leading manufacturer and marketer of portable food warming fuels and creative table lighting solutions for the hospitality and consumer industries. The product line includes wick and gel chafing fuels, butane, butane stoves and accessories, liquid and traditional wax candles, catering equipment and lamps. For over 100 years, the iconic “Sterno” brand has been synonymous with quality canned heat. The heritage of reliability and innovation continues today, as Sterno Products continues to bring to market new products that give foodservice industry professionals and consumers greater control over food quality and décor. Sterno Products is a subsidiary of Compass Diversified Holdings (NYSE:CODI).
About sevenOKs
Based in La Porte, Indiana, sevenOKs is the premier manufacturer of Insulated Food Carriers and accessories for restaurant delivery, stadium concessions, catering operations and school nutrition programs. The sevenOKs team prides itself on USA–assembled, zero-defect manufacturing, allowing for high customer flexibility with customization options and short lead times. From seven inspections of every product to premium quality materials, customers gain “built for keeps.”
Media Contact David Amirault Vice President of Marketing [email protected]
