Restaurant Technologies is one of the leading solution providers of grease and cooking-oil management across the United States. The company offers its solutions to over 28,000 national quick-service and full-service restaurant chains, independent restaurants, hotels, casinos, grocery delis, universities and hospitals.
Recently, Restaurant Technologies made headlines by announcing the acquisition of a new product dubbed Grease LockTM
. For the uninitiated, Grease LockTM
is disposable grease filter pads that make hood maintenance easier and helps in increasing fire safety and security in a commercial kitchen.
Jeff Kiesel, CEO of Restaurant Technologies, states that these filter pads are effective in trapping grease and are convenient in use, which makes it appealing in all types of commercial kitchens. This acquisition is vital for the company’s growth strategy and is part of a series of planned investments.
Kiesel added that the addition of Grease LockTM
disposable filter pads in the company’s portfolio enables them to operate in a broader customer base with a new fire prevention solution.
Sources claim that Grease LockTM
can trap up to 98% of airborne kitchen grease before it goes into a commercial kitchen’s exhaust system. The metal frames and filter pads replace traditional baffles, decreasing fire risk and the cleaning frequency.
These pads and metal frames are delivered directly to restaurants and are very convenient to use and install. This is a strategic acquisition as Grease LockTM
filter pads can be used individually or as with Restaurant Technologies’ AutoMist® automated exhaust cleaning system.
As per Kiesel, the addition of Grease LockTM
enables the company to create smarter, safer kitchens for their customers, streamlining foodservice operations.
Meanwhile, Grease LockTM
is available in standard sizes, with Restaurant Technologies launching this new technology throughout the country. Reports claim that its sale has been finalized; however, the terms and the conditions of the transaction are yet to be disclosed.
Source Credit - https://finance.yahoo.com/news/restaurant-technologies-acquires-grease-locktm-140000323.html