The Middleby Corporation Acquires Scanico A/S
December 07 2017 - 6:00PM
Business Wire
The Middleby Corporation (NASDAQ:MIDD) today announced the
acquisition of Scanico A/S, a leading manufacturer of industrial
cooling and freezing equipment for the food processing industry.
The company is based in Aalborg, Denmark and has approximately $30
million in annual revenues.
“Scanico is a world leader in cooling and freezing technologies
directed to many sectors of the industrial food processing
industries, with significant market share within our core markets
of protein and bakery. The addition of Scanico further broadens the
capabilities of our food processing group with a highly
complementary technology to our food processing 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®, 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®, Maurer-Atmos®, MP Equipment®, RapidPak®,
Scanico®, Spooner Vicars®, Stewart Systems® and Thurne®. The
company’s leading equipment brands serving the residential kitchen
industry include AGA®, AGA Cookshop®, Brigade®, Falcon®, 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/20171207006254/en/
The Middleby CorporationDarcy Bretz, (847) 429-7756
Middleby (NASDAQ:MIDD)
Historical Stock Chart
From Aug 2024 to Sep 2024
Middleby (NASDAQ:MIDD)
Historical Stock Chart
From Sep 2023 to Sep 2024