Announced
Completed
Financials
Sources
Tags
Italy
Cross Border
Friendly
Completed
Private
automated washing solutions
Machinery: Industrial
Acquisition
Majority
Single Bidder
Synopsis
Middleby, a cooking and industrial process equipment company, completed the acquisition of Colussi Ermes, a manufacturer of automated washing solutions for the food processing industry. Financial terms were not disclosed. “Colussi has the broadest offerings of automated washing solutions, covering a wide array of applications. Their washing solutions are in demand due to technology that reduces labor needs, decreases water and energy usage, minimizes chemical use and operates in a small footprint. The Colussi washing systems complement our existing food processing solutions and are incorporated in many of our current customer projects. This acquisition will support a significant opportunity for collaboration with brands presently in our portfolio, to deliver best-in-class, full-line solutions to our customers," Tim FitzGerald, Middleby CEO.
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