Cornerstone Foodservice Group has Acquired Astra Manufacturing, Inc.
The Partners of ShoreView Industries are pleased to announce that Cornerstone Foodservice Group (“CFG”), a ShoreView portfolio company, has acquired Astra Manufacturing, Inc. (“Astra”). Astra represents the third acquisition for CFG during ShoreView’s ownership period. Astra will join Spring (U.S.A.) and LloydPans as part of CFG’s strategy to be a family of leading brands trusted for providing innovative, high quality products and solutions to the foodservice industry.
Headquartered in Canoga Park, California, Astra is a designer and manufacturer of premium coffee equipment for both commercial and residential segments. Astra sells professional espresso machines, steamers, grinders and accessories to independent coffee shops, small chains, foodservice, restaurants, offices and homes.
ShoreView assisted CFG in its acquisition of Astra. To learn more about Cornerstone, visit their website at www.cornerstonefoodservicegroup.com.
Back to News