Middleby Acquires Viking Range for $380M in Cash

The Middleby Corporation MIDD today announced the acquisition of Viking Range Corporation (“Viking”) for $380 million in cash. Viking is a leading manufacturer of premium residential cooking ranges, ovens and kitchen appliances. Headquartered in Greenwood, Mississippi, Viking has approximately $200 million in annual revenues. “This acquisition strategically positions Middleby as a leading manufacturer in the sector with a top brand,” said Selim A. Bassoul, Chairman and CEO of the Middleby Corporation. “The acquisition of Viking allows us to integrate our own patented technologies that will have a huge appeal to consumers for their residential kitchens. These technologies include speed cooking, induction and truvection.” See full press release