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New Deal


Announced

Middleby Corporation acquired Ss Brewtech.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Brewers

breweries

craft brewer

Private

United States

Acquisition

Synopsis

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Middleby Corporation, an American publicly traded commercial and residential cooking and industrial process equipment company, acquired Ss Brewtech, a market leader in professional craft brewing and beverage equipment. Financial terms were not disclosed. “Ss Brewtech provides a best-in-class craft brewing platform, enhancing our current beverage portfolio. Craft brewing, including on-site brewing in bars and restaurants, is growing in popularity and Ss Brewtech is well-positioned to benefit from this trend. The company has developed exclusive technology and a standardized platform allowing operators to install and operate equipment with minimal setup and training, while delivering superior beverage control and quality,” said Tim FitzGerald, CEO of The Middleby Corporation. “Ss Brewtech is a recognized and respected brand offering a differentiated value proposition for operators. We believe there are significant opportunities to leverage existing Middleby customer relationships and global distribution channels for future growth opportunities.”

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