.
MergerLinks Header Logo

New Deal


Announced

Completed

Middleby completed the acquisition of United Foodservice.

Financials

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

Tags

Edit

Private

foodservice equipment

Food Products

Acquisition

Single Bidder

Majority

China

Completed

Friendly

Cross Border

Synopsis

Edit

Middleby, an American publicly traded commercial and residential cooking and industrial process equipment company, completed the acquisition of United Foodservice, a provider of commercial foodservice equipment. Financial terms were not disclosed. "This strategic acquisition expands our capabilities in a key global location and high-demand market. We expect continued growth in Asia and this acquisition strengthens our capabilities to best serve customers in this region and worldwide. United brings an existing, well-known line of cooking equipment along with well-established design and manufacturing capabilities to Middleby. This complements our existing footprint while broadening our offerings in targeted growth markets," Tim FitzGerald, Middleby CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US