Announced
Completed
Synopsis
Middleby, a commercial and residential cooking and industrial process equipment company, completed the acquisition of Josper, a manufacturer of charcoal grill and oven cooking equipment. Financial terms were not disclosed. “Josper is a recognized leader in the specialty charcoal cooking category. Charcoal cooking is a growing trend in the U.S. and markets globally due to the flavor profile and versatility of the equipment. Josper has led the way in this category introducing market-leading innovations allowing for faster grilling times and a superior, natural grilled taste. We are excited about the continued growth potential of Josper, which should be enhanced through leveraging Middleby’s longstanding customer relationships and global infrastructure,” Selim Bassoul, The Middleby Corporation CEO.
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