THE MIDDLEBY CORP. overview

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...

Powerhouse Dynamics Returns as a Key Sponsor of FSTEC 2023, Taking Place Sept. 13-15 in Dallas, Texas PR Newswire BOSTON and DALLAS, Sept. 6, 2023 Leading IoT Solution Provider to Showcase Open Kitchen Innovation for Foodservice Sustainability and Efficiency at Booth IAP2 BOSTON and DALLAS , Sept. 6, 2023 /PRNewswire/ -- By harnessing the power of Powerhouse Dynamics ' enterprise-level Open Kitchen® IoT platform, the nation's top restaurant and foodservice brands have increased their...

The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net earnings for the second quarter of 2023. “We delivered solid results with top line growth and margin expansion at our Commercial Foodservice and Food Processing segments. We continue to execute toward our long-term growth and profitability targets at our Residential business, while managing the near-term...

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Trade-Wind Manufacturing LLC, a premier manufacturer of ventilation innovation for indoor and outdoor residential use. Based in Phoenix, Trade-Wind has approximately $10 million in annual revenues. “Trade-Wind is a technology and design leader in residential ventilation. The company has been rapidly growing due to its reputation for creating beautiful, custom ventilation solutions,” said Tim FitzGerald, Middleby CEO....

The Middleby Corporation (NASDAQ: MIDD) will release 2023 second quarter earnings on Thursday, August 3 before the market opens. The company has scheduled a conference call to discuss the results at 11 a.m. Eastern/10 a.m. Central Time on August 3. The conference call is accessible through the Investor Relations section of the company website at www.middleby.com . If website access is not available, attendees can join the conference by dialing (833) 630-1956 or for international access use (412)...

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of TERRY Water Treatment Solutions. The company has a proprietary, environmentally friendly solution to eliminate and prevent scale build up associated with water usage in commercial foodservice equipment including steam, ice and beverage products. TERRY has $5 million in annual sales and is based in Chandler, Ariz. “TERRY Citryne® is an exceptional, proprietary technology that we are very excited to add to our portfolio....

The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Filtration Automation Inc., known for Micron-Pro brand high capacity oil management systems. Based in Mansfield, Texas, the company’s innovative and patented technologies are used for poultry, fish, and snacks applications. Filtration Automation has annual revenues of approximately $10 million. “Micron-Pro is the leader in oil filtration technology providing customers with substantial savings on oil, while enhancing...

Middleby (NASDAQ: MIDD) announced today the retirement of Chief Risk and Administration Officer Martin M. Lindsay and the appointment of two company officers. Brittany Cerwin was named Chief Accounting Officer and Matthew Fuchsen was named Chief Development Officer of the company. Mr. Lindsay, a senior leader with Middleby for nearly 25 years, will be retiring at the end of July and plans to remain an advisor to the company until the end of 2023. He will begin this transition immediately and...