Middleby Acquires Escher Mixers







mergers and acquisitions

Middleby Company (NASDAQ: MIDD), an Elgin, IL-based foodservice trade corporate, received Escher Mixers, a Vicenza, Italy-based supplier of spiral and planetary mixers.

The volume of the deal was once now not disclosed.

With the purchase, Middleby Company will enlarge its providing and geographic achieve.

Escher provides automatic answers for pre-dough blending processes. All Escher mixers are ergonomically designed to verify accessibility, cleanability and meals protection. Shoppers come with huge grocery and retail chains, and so they supply established answers for the artisanal bread and pastry industries. The corporate has annual revenues of $15m.

Led through CEO Tim FitzGerald, Middleby develops and manufactures a huge line of answers utilized in business foodservice, meals processing, and home kitchens.

FinSMEs

14/11/2022






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