Hoshizaki Expands North American Footprint with $350M Acquisition of Structural Concepts
Japanese commercial refrigeration leader Hoshizaki Corporation has announced a $350 million all-cash acquisition of U.S.-based food display case manufacturer Structural Concepts Corporation (SCC). Approved by both boards, the deal is expected to close by July 31, 2025, pending U.S. antitrust review and cross-border compliance procedures
SCC’s Industrial Legacy: Founded in 1972, SCC is a niche leader in North American food display solutions. Headquartered in Norton Shores, Michigan, its product portfolio spans supermarket fresh cases, convenience store ready-to-eat displays, and café pastry chillers, serving clients including top 3 U.S. grocery chains and Starbucks1. Core technologies include:
✅ Ultra-low energy consumption (compliant with EnergyStar 2024)
✅ Modular assembly system (40% faster on-site installation)
✅ Patented anti-fog glass (solves condensation in high-humidity environments)
Hoshizaki’s Strategic Play: This marks Hoshizaki’s third major North American move after acquiring beverage dispenser maker Lancer (2018) and commercial dishwasher brand Jackson (2021). Integrating SCC’s channels will enable:
Product synergy: Closing the “last meter” gap in retail cold chains to form an “ice-making–cold storage–display–cleaning” ecosystem
Localization boost: Leveraging SCC’s Michigan base to accelerate supply chain response across the Great Lakes manufacturing belt
Tech fusion: Combining Hoshizaki’s inverter compressors with SCC’s airflow design for next-gen smart displays
Industry analysts note the timing aligns with a U.S. convenience store equipment upgrade wave (12.3% YoY growth), positioning Hoshizaki to capture a larger share of the $4.7 billion North American display case market