Middleby Acquires Gorreri Food Processing Technology
November 26 2024 - 9:00AM
Business Wire
The Middleby Corporation (NASDAQ: MIDD) has announced the
acquisition of Gorreri Food Processing Technology based outside
Parma, Italy. Gorreri is a leading manufacturer of equipment for
the baked goods industry, including cakes, pies, muffins, tarts and
other desert line solutions. The company operates in a
state-of-the-art, 50,000-square-foot facility, which was recently
expanded to accommodate growth. Gorreri has revenues of $20 million
annually.
“Gorreri is a highly respected brand recognized worldwide for
premium-quality advanced industrial and semi-industrial baked goods
solutions. This acquisition adds a broad line of complementary
products to our food processing group, including turbo mixers,
dosing, injecting, decorating, enrobing and ultrasonic portioning
solutions. The Gorreri innovative end-to-end solutions extend and
significantly strengthen the current Middleby offerings as a leader
in the cake and desert categories, with meaningful growth
synergies,” said Tim FitzGerald, Middleby CEO.
Visit www.gorreri.com for more information on the company and
their full line bakery solutions.
ABOUT THE MIDDLEBY CORPORATION
The Middleby Corporation is a global leader in the foodservice
industry. The company develops and manufactures a broad line of
solutions used in commercial foodservice, food processing, and
residential kitchens. Middleby showcases its advanced solutions in
the Middleby Innovation Kitchens for commercial foodservice,
industrial baking and protein Innovation Centers for food
processing solutions and state-of-the-art, award-winning Middleby
Residential showrooms. For more information about Middleby, please
visit www.middleby.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241125812948/en/
Darcy Bretz, VP of Corporate Communications,
dbretz@middleby.com
Middleby (NASDAQ:MIDD)
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