Business

Five Star Acquires Krodel Vending Operations in Jasper, Expands Southern Indiana Footprint

Five Star bought Krodel Vending’s vending and coffee operations in Jasper, adding four routes and more than 90 accounts - residents should see continued service and a larger regional operator handling local breakrooms.

Sarah Chen2 min read
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Five Star Acquires Krodel Vending Operations in Jasper, Expands Southern Indiana Footprint
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Five Star Breaktime Solutions has completed the acquisition of the vending and coffee operations of Krodel Vending in Jasper, bringing four routes that serve more than 90 vending accounts and represent over 300 machines into Five Star’s Southern Indiana network. The purchase also includes two micro markets and 13 coffee accounts, while Krodel’s century-old wholesale business will remain independent.

Five Star said the move “strengthens Five Star’s presence in Southern Indiana and supports continued growth throughout the region.” The company added that “the acquired accounts will be supported by Five Star branches in Owensboro, Evansville, Jeffersonville, and Columbus (IN), ensuring seamless transition and uninterrupted service for customers.” The companies have not disclosed purchase price or detailed personnel arrangements.

Krodel Vending traces its roots to 1910, when Carl Krodel founded the firm as a candy wholesaler. The vending side began in 1958 under Ray Smith and his brother Rich Smith. Janet Smith took over the vending company in 1979 and passed it to Dan Smith in 1994. Dan Smith, identified as the current owner, is a great-grandson of Carl Krodel. The move transfers local route operations that have served southern Indiana businesses for decades into a multi-state operator while preserving Krodel’s wholesale arm.

Five Star, which is headquartered in Chattanooga, Tennessee, describes itself as one of the largest privately held operators in the United States and the largest franchise of Canteen, a Compass Group company. The company provides breakroom markets, full-line vending, corporate pantry and coffee solutions, catering and related services. Industry analysis frames the deal as part of a broader consolidation trend. Linda Becker of Vending Market Watch summarizes Five Star’s approach as a “build and densify” playbook that adds routes and accounts where the company can plug service into existing branch infrastructure and pursue select larger deals. Becker notes that Five Star’s multi-service growth, traditional vending, micro markets, office coffee and pantry programs, “suggests they’re building a larger share of the breakroom, not just more machines.”

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For Dubois County customers, the immediate operational signal is continuity: Five Star says local branches will support accounts to avoid service interruption. Economically, the transaction consolidates local route revenue and equipment under a regional platform that can deliver scale efficiencies in purchasing, maintenance, and technology for cashless payments and micro market stocking. That scale can lower unit costs but also shifts decision-making from a family-owned Jasper company to a larger corporate operator, a familiar pattern in small-business rollups across retail services.

Key details remain to be confirmed for the community: whether Krodel route staff were retained, whether accounts will be rebranded, and the exact financial terms of the sale. For now, customers and employees should expect existing service to continue under Five Star’s Southern Indiana operations while Krodel’s wholesale business operates independently. Longer term, the deal is another step in industry consolidation that could reshape local breakroom offerings and employment patterns as larger operators pursue densification across adjacent markets.

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