Announced
Financials
Sources
Tags
Pending
Domestic
cooking appliance
Friendly
Acquisition
United States
Private
Majority
Household Appliance
Single Bidder
Synopsis
Middleby, a provider of foodservice equipment, agreed to acquire the PLEXOR assets from TurboChef, a provider of accelerated cooking technologies. Financial terms were not disclosed. "Middleby is committed to delivering solutions that simplify our customers’ operations and optimize labor, speed of service, physical space, and product quality. Our recent recognition by the National Restaurant Association as a recipient of the 2021 Kitchen Innovations (KI) Award validates the impact the PLEXOR will have on making foodservice operations more efficient and ultimately, more profitable," James K. Pool III, Middleby Chief Technology and Operations Officer.
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