Market Overview

Middleby Corporation Acquires Spooner Vicars Bakery Systems

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition
of Spooner Vicars Bakery Systems, a leading manufacturer of baking
systems for the cookie and cracker industry. Headquartered in
Merseyside, United Kingdom, Spooner Vicars has annual revenue
approaching $10 million.

“As part of Middleby, we have the opportunity to showcase the Spooner
Vicars products to a broader market by leveraging the strength of the
Middleby international sales organization and our existing relationships
with global industrial bakeries,” said Selim A. Bassoul, Chairman and
CEO of The Middleby Corporation. “We continue to see a growing global
demand from our customers to automate their operations, and the Spooner
Vicars portfolio provides an innovative solution that complements our

See full press release

Posted-In: Earnings News Guidance Contracts Management M&A Global

 

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