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Tue Jan 24, 2017, 06:20 PM

Bob Evans sells restaurants; food division buys potato company

Bob Evans Farms is selling its restaurants.

Private Equity firm Golden Gate Capital agreed to purchase Bob Evans restaurants for $565 million, taking that portion of the company private.

The transaction splits the company in half. Bob Evans Farms food division, which makes mashed potatoes, sausage and various side dishes, will become a standalone company.

The food division also announced the purchase of Pineland Farms Potato Co. for $115 million. The company is based in Maine. Food division President Mike Townsley has been named the new CEO of Bob Evans Farms.

Read more: http://www.dispatch.com/news/20170124/bob-evans-sells-restaurants-food-division-buys-potato-company

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Reply Bob Evans sells restaurants; food division buys potato company (Original post)
TexasTowelie Jan 2017 OP
underpants Jan 2017 #1
TexasTowelie Jan 2017 #2
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underpants Jan 2017 #3
longship Jan 2017 #4

Response to TexasTowelie (Original post)

Tue Jan 24, 2017, 06:44 PM

1. Potatoes are an underground industry

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Response to underpants (Reply #1)

Tue Jan 24, 2017, 06:59 PM

2. But are the potatoes democratic?

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Response to TexasTowelie (Original post)

Tue Jan 24, 2017, 07:11 PM

4. They serve horrible food!

There's one of those in a nearby town. I ate there once. They did not know what an over medium egg was!!! Their sausage was inedible! The hash browns were mushy! They had no wheat toast!

Give me Waffle House any day!

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