Acquisitions

Middleby Announces the Acquisition of Packaging Progressions, Inc.

Jul. 16, 2019

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Packaging Progressions, Inc. (Pacproinc). Based in Souderton, Pa., the company has $30 million in annual revenues.

Acquisitions

Middleby Acquires Ss Brewtech

Jun. 17, 2019

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Ss Brewtech, a market leader in professional craft brewing and beverage equipment. Founded in 2013, the company has $20 million in annual revenues.

Acquisitions

Automatic Bar Controls Introduces Starline Bubblers

Apr. 11, 2019

Automatic Bar Controls, also known as the brand Wunder-Bar, a division of the Middleby Corporation, recently acquired the line of Starline bubblers from the Cleland Sales Corporation.

Acquisitions

Middleby Acquires Powerhouse Dynamics, Inc

Apr. 02, 2019

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Powerhouse Dynamics, Inc., a leader in cloud-based IoT solutions for the foodservice industry.

Acquisitions

The Middleby Corporation Completes Acquisition of Standex Cooking Solutions Group

Apr. 02, 2019

The Middleby Corporation (NASDAQ: MIDD) today announced that it has completed the acquisition from Standex International Corporation (NYSE: SXI) of its Cooking Solutions Group.

Acquisitions

Middleby Corporation To Acquire Standex Cooking Solutions Group

Feb. 27, 2019

The Middleby Corporation (NASDAQ: MIDD) today announced that it has entered into a definitive agreement to acquire from Standex International Corporation (NYSE: SXI) its Cooking Solutions Group, which consists of the well-known brands APW Wyott®, Bakers Pride®, BKI® and Ultrafryer®. In 2018, the Standex Cooking Solutions Group had revenues of approximately $100 million. The transaction completion is subject to customary closing conditions

Acquisitions

Middleby Acquires EVO America

Jan. 02, 2019

The Middleby Corporation (NASDAQ:MIDD) today announced the acquisition of EVO America, Inc., a leading design and manufacturer of ventless cooking equipment for the commercial foodservice industry. The company is based near Portland, Oregon and has approximately $8 million in annual revenues.

Acquisitions

The Middleby Corporation To Acquire Taylor

May. 18, 2018

The Middleby Corporation (NASDAQ: MIDD) today announced that it has entered into a definitive agreement to acquire the Taylor Company from UTC Climate, Controls & Security, a unit of United Technologies for $1.0 billion. Taylor is a world leader in beverage solutions, soft serve and ice cream dispensing equipment, frozen drink machines, and automated double‐sided grills. Middleby will finance the all‐cash acquisition under its existing revolving credit facility. In 2017, Taylor had revenues of approximately $315 million and $65 million of adjusted earnings before interest, taxes and depreciation (“EBITDA”). The transaction has been structured to provide Middleby with a tax step‐up with a net present value of approximately $150 million. The transaction completion is subject to customary closing conditions, including regulatory approvals, with an expected closing early in the third quarter of 2018.

Acquisitions

Middleby Acquires Josper S.A.

Apr. 20, 2018

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Josper S.A., a leading manufacturer of charcoal grill and oven cooking equipment for commercial foodservice and residential applications. Based in Pineda de Mar, Spain, near Barcelona, Josper has approximately $20 million USD in annual revenues.

Acquisitions

Middleby Acquires JoeTap, Nitro Brew Coffee Systems

Apr. 16, 2018

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of JoeTap, a subsidiary of A.C. Beverage, Inc. The company is a leading innovator of on-demand nitro and cold brew coffee dispensing equipment for the commercial food service industry.

Acquisitions

Middleby Acquires for Firex Srl

Apr. 03, 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.