ELGIN, Ill.--(BUSINESS WIRE)--Jun. 30, 2017--
The Middleby Corporation (NASDAQ:MIDD) today announced the acquisition
of CVP Systems, a leading manufacturer of high-speed packaging systems
for the meat processing industry. The company is based in Downers Grove,
Ill., and has approximately $20 million in annual revenues.
“CVP Systems is a world leader in Modified Atmosphere Packaging, a
highly innovative packaging technology that extends the shelf life of
food through removing air and introducing a more beneficial environment
during packaging. The addition of CVP further deepens the capabilities
of our food processing group with a highly complementary technology to
our product portfolio,” said Selim A. Bassoul, Chairman and CEO of The
Middleby Corporation. “With this acquisition we add a highly respected
brand and continue to strengthen the portfolio of comprehensive
solutions that we offer our customers in the food processing industry.”
ABOUT THE MIDDLEBY CORPORATION
The Middleby Corporation is a global leader in the foodservice equipment
industry. The company develops, manufactures, markets and services a
broad line of equipment used in the commercial foodservice, food
processing, and residential kitchen equipment industries. The company's
leading equipment brands serving the commercial foodservice industry
include Anets®, Bear Varimixer®, Beech®, Blodgett®, Blodgett Combi®,
Blodgett Range®, Bloomfield®, Britannia®, Carter-Hoffmann®, Celfrost®,
Concordia®, CookTek®, CTX®, Desmon®, Doyon®, Eswood®, frifri®, Follett®,
Giga®, Goldstein®, Holman®, Houno®, IMC®, Induc®, Jade®, Lang®, Lincat®,
MagiKitch'n®, Market Forge®, Marsal®, Middleby Marshall®, MPC®, Nieco®,
Nu-Vu®, PerfectFry®, Pitco Frialator®, Southbend®, Star®, Sveba Dahlen®,
Toastmaster®, TurboChef®, Wells® and Wunder-Bar®. The company’s leading
equipment brands serving the food processing industry include Alkar®,
Armor Inox®, Auto-Bake®, Baker Thermal Solutions®, Burford®, Cozzini®,
CVP Systems®, Danfotech®, Drake®, Glimek®, Maurer-Atmos®, MP Equipment®,
RapidPak®, Spooner Vicars®, Stewart Systems® and Thurne®. The company’s
leading equipment brands serving the residential kitchen industry
include AGA®, AGA Cookshop® Brigade®, Fired Earth®, Grange®, Heartland®,
La Cornue®, Leisure Sinks®, Lynx®, Marvel®, Mercury®, Rangemaster®,
Rayburn®, Redfyre®, Sedona®, Stanley®, Turbochef®, U-Line® and Viking®.
For more information about The Middleby Corporation and the company
brands, please visit www.middleby.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170630005715/en/
Source: The Middleby Corporation
The Middleby Corporation
Darcy Bretz, (847) 429-7756
