Market Overview

Middleby Corporation Acquires Market Forge Industries

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition
of the assets of Market Forge Industries. The product offerings of Market Forge include countertop
steamers, kettles and braising pans used by leading restaurants and
foodservice operations. Market Forge has annual revenues of
approximately $15 million.

“The steam cooking category is a large and growing sector in the
commercial foodservice industry. Through the acquisition of Market
Forge, we add an industry-leading brand focused on steam cooking to our
portfolio,” said Selim A. Bassoul, Chairman and CEO of The Middleby
Corporation. “A long-standing, trusted brand with a one-hundred year

See full press release

Posted-In: News Guidance Management M&A Global

 

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