Announced
Financials
Tags
manufacturing
Friendly
Household Equipment and Products
cooking equipment
Private
Acquisition
Pending
United States
Single Bidder
Synopsis
The Middleby Corporation (NASDAQ:MIDD) today announced the acquisition of EVO America, Inc., a leading design and manufacturer of ventless cooking equipment for the commercial foodservice industry. The company is based near Portland, Oregon and has approximately $8 million in annual revenues. “EVO has a patented ventless technology that can be incorporated into innovative designs that will provide our customers with a smaller footprint and greater flexibility. We believe there is strong growth potential as we integrate the EVO technology with other Middleby brands and cooking solutions and introduce EVO to Middleby’s sales and distribution channels.” said Selim A. Bassoul, Chairman and CEO of The Middleby Corporation.
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