Middleby completed the acquisition of Masterbuilt from Dominus Capital for $385m.

Middleby, an American publicly traded commercial and residential cooking and industrial process equipment company, completed the acquisition of Masterbuilt, a provider of outdoor residential cooking under the Kamado Joe and Masterbuilt brands, from Dominus Capital, a private equity firm, for $385m. "The residential outdoor market has gained momentum over the past few years as consumers are spending more time in the backyard. The addition of Kamado Joe and Masterbuilt expands our offerings in this large and growing category, complementing our Lynx, Viking, Josper and EVO residential outdoor cooking brands," Tim FitzGerald, Middleby CEO.