ELGIN, Ill.--(BUSINESS WIRE)--Oct. 18, 2017--
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition
of Globe Food Equipment Company, a leading brand in slicers and mixers
for the commercial foodservice industry. Based in Dayton, Ohio, the
company has approximately $50 million in annual sales.
“Globe is a trusted leader in food preparation products known for
performance, reliability, value, and reducing operator’s costs. The
Globe family of products has been recognized as "Best in Class" by
foodservice industry equipment dealers and complements the existing
Middleby leading commercial foodservice equipment brands,” said Selim A.
Bassoul, Chairman and CEO of The Middleby Corporation. “The addition of
the Globe product offering enhances Middleby’s position for further
expansion into the growing retail market segment. Additionally, through
Middleby's existing customer relationships and international
infrastructure we anticipate Globe can realize further growth in new
markets.”
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®, Globe®, Goldstein®, Holman®, Houno®, IMC®, Induc®, Jade®, L2f®,
Lang®, Lincat®, MagiKitch'n®, Market Forge®, Marsal®, Middleby
Marshall®, MPC®, Nieco®, Nu-Vu®, PerfectFry®, Pitco Frialator®,
QualServ®, 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/20171017006884/en/
Source: The Middleby Corporation
The Middleby Corporation
Darcy Bretz, (847) 429-7756
