Announced
Financials
Sources
Tags
beverage solutions
Friendly
Single Bidder
Brewers
Acquisition
Ireland
Majority
Pending
Cross Border
Private
Synopsis
Middleby, a commercial and residential cooking and industrial process equipment company, agreed to acquire Marco Beverage Systems, a designer and manufacturer of innovative and energy-efficient beverage dispense solutions. Financial terms were not disclosed. “Marco is a leader in innovative beverage dispensing systems. This acquisition is highly complementary to our growing beverage portfolio, and the Marco product line further expands our offerings in coffee brewers, cold brew dispense, and a variety of hot, cold and sparkling water dispensers. Touchless and in-counter dispense technology is rapidly gaining popularity due to space and labor advantages, along with enhanced aesthetic features. Marco is well-positioned with solutions for these growing trends," Tim FitzGerald, Middleby CEO.
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