Middleby to acquire Imperial Commercial Cooking Equipment.

Middleby, a commercial and residential cooking and industrial process equipment company, agreed to acquire Imperial Commercial Cooking Equipment, a company that manufactures ranges, fryers, ovens, countertop equipment and other specialty cooking products. Financial terms were not disclosed. “We are excited to realize the many synergies between the companies. Imperial has impressive manufacturing capabilities, which will provide potential for greater efficiencies and flexibility to our commercial foodservice platform. Working with our long-standing international distribution partners, Imperial has a prime opportunity to expand its global reach. Imperial also has an established presence in the quickly growing fast-casual chain restaurant segment, which will be a benefit to the Middleby brands as well," Tim FitzGerald, Middleby CEO.