The chain owns and operates 11 drive-thru restaurants in the Upper Midwest. Sterion, a medical device company that also supplies emergency oxygen and related services, would not disclose the terms of the cash deal. However, the burger chain offered a "compelling return on investment," says Kenneth Brimmer, chief executive officer of Sterion.
Sterion Inc., headquartered in Ham Lake, develops, manufactures, and markets medical products and through its LifeSafe Services subsidiary provides emergency oxygen and related services.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
