The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Proxaut, a leading manufacturer of Auto Guided Vehicles (AGVs) for the food industry and industrial processing companies. The company is based in Italy near Bologna with approximately $15 million USD in annual sales. …
The Middleby Corporation today announced the acquisition of Masterbuilt Holdings LLC, a leader in outdoor residential cooking under the Kamado Joe and Masterbuilt brands with an estimated $250 million in net sales for 2021. …
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Imperial Commercial Cooking Equipment. Based in Corona, Calif., the company manufactures ranges, fryers, ovens, countertop equipment and other specialty cooking products for the commercial kitchen. Imperial has annual revenues of approximately $40 million. …
The Middleby Corporation announced that, under the terms of its previously announced Merger Agreement with Welbilt, Inc., 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. …
The Middleby Corporation today announced promotions expanding the executive team. The new roles will support the execution of key strategic initiatives and continued growth at leading business segments within the company. …
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