▶ Pepsi Bottling Group Equity. Investcorp and Barclays
restructures, will close Private Equity will own the company
on an equal basis, with manage-
People in the News
ment retaining a minority stake in the
The Pepsi Bottling Group, Inc. INDUSTRY LOSES VETERAN WALTER F.
company. The terms of the transaction BUCKI, JR.
announced a multi-year initiative were not disclosed. Walter F. Bucki,
designed to enhance the company’s Based in Valbrembo, Italy, N&W Jr., a partner in Royal
operating capabilities around the Global Vending manufactures prod- Sales & Consulting,
world. The restructuring program is based in Elgin, Ill. and
ucts in three core areas: hot and cold a contributing editor
expected to result in annualized pre- beverages; snack and food; and can to Automatic Merchan-
tax savings of $150 to $160 million and bottle vending machines. diser, recently passed Bucki
upon completion. N&W Global Vending was formed away following an
In the U.S. and Canada, the com- illness. He was 58 and a resident of
in 2000 through the merger of two
pany will continue to focus on reﬁning Naperville, Ill.
European vending machine manufac- Bucki was a 36-year vending/
its selling and service organization, turers, Necta and Wittenborg. Some foodservice industry professional
reducing its general and administra- machines are sold in the U.S. who spent more than 20 years in
tive expenses, and enhancing the regional management with two of the
efﬁciency of its supply chain infra- nation’s largest food service/vending
▶ Sabbers & Associates companies.
About 750 jobs are expected to relocates
LARRY EILS BECOMES A NAMA
be impacted as the company imple- Sabbers & Associates Inc., the vend KNOWLEDGE SOURCE PARTNER
ments these plans. The company will product brokerage, relocated to a new The National Auto-
modify its deﬁned beneﬁt pension facility. The new address is 466 Old matic Merchandising
plans, which will generate long-term Association named for-
Hook Road, Suite 24-C, Emerson, NJ
mer 23-year employee
savings and reduce future ﬁnancial 07630; Phone 201-262-5959 (no Larry Eils as a Knowl-
obligations. change); Fax 201-262-8765 edge Source Partner.
(no change). Eils has devoted more Eils
than 30 years to the
▶ Lance bids $30 million advancement of the environmental
for Archway, Mother’s ▶ Supermarkets to carry and public health professions, and he
Cake and Cookie Co. Keurig brewers, K-cups is a widely recognized and respected
leader in food safety issues and the
Lance Inc. entered the ﬁrst ofﬁcial nationwide vending industry.
bid for Archway Cookies and Mother’s Green Mountain Coffee Inc. and Keurig Eils is a registered sanitarian in
Cake and Cookie Co. in U.S. bankrupt- Illinois and a foodservice manager in
Inc., divisions of Green Mountain