The Middleby Corporation (NASDAQ: MIDD) (“Middleby”) today announced that, under the terms of its previously announced Merger Agreement with Welbilt, Inc. (NYSE: WBT), it will not exercise its right to propose any modifications to the terms of the Merger Agreement and will allow the five-day match period to expire. Middleby expects that the Merger Agreement will terminate at the end of the match period today.

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Novy, a leading manufacturer of premium residential ventilation hoods and cooktops based in Belgium, with sales of approximately $90 million USD annually and EBITDA margins in excess of 20%.

The Middleby Corporation (NASDAQ: MIDD) today reiterated its commitment to completing its proposed merger with Welbilt, Inc. (NYSE: WBT), in face of the unsolicited and non-binding indication of interest from Ali Holding SRL (“Ali Group”).

Acquisitions

Letter to Stakeholders

Apr. 21, 2021

A letter from Middleby CEO Tim FitzGerald to Middleby stakeholders.

Acquisitions

Middleby Acquires United Foodservice

Dec. 21, 2020

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Zhuhai Guangdong China-based United Foodservice Equipment Group. The company is a leader in the design, manufacture and supply of counter top commercial foodservice equipment with recent annual revenues of approximately $10 million.

Acquisitions

Middleby Acquires Wild Goose Filling

Dec. 8, 2020

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Wild Goose Filling, a leader in the design, manufacture and service of specialty liquid filling systems and highly-engineered food and beverage packaging equipment, based in Louisville, Colo.

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Deutsche Beverage Technology, a leader in beverage brewing and processing systems. Based in Charlotte, N.C., the company has $40 million in annual revenues.

Acquisitions

Middleby Acquires RAM Fry Dispensers

Jan. 13, 2020

Elgin Ill. (January 13, 2020) – The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of RAM Fry Dispensers, a business unit of Automated Equipment LLC based in Red Wing, Minn. RAM is an industry leader in automated frozen fry dispensing equipment.

Acquisitions

Middleby Acquires Synesso

Dec. 2, 2019

Elgin Ill. (December 2, 2019) – The Middleby Corporation announced the acquisition of Seattle-based Synesso, a designer and manufacturer of semi-automatic espresso machines for the commercial market. The company has quickly grown to $10m in revenues.

Acquisitions

Middleby Acquires Brava Home Inc.

Nov. 20, 2019

The Middleby Corporation today announced the acquisition of Brava Home Inc.

Acquisitions

Middleby Acquires for Firex Srl

Apr. 3, 2018

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Firex Srl. The company is a leading manufacturer of steam cooking equipment for the commercial foodservice industry. Based in Sedico, Italy, Firex has approximately $20 million USD in annual revenues.

Acquisitions

Middleby Acquires Ve.Ma.C. Srl

Mar. 26, 2018

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Ve.Ma.C. The company is a leading designer and manufacturer of handling, automation and robotics solutions for protein food processing lines. The company is based in Castelnuovo Rangone, Italy and has approximately $15 million USD in annual revenues.