Announced
Completed
Synopsis
Middleby, a manufacturer innovative cooking equipment, completed the acquisition of Gorreri Food Processing Technology, a manufacturer of equipment for the baked goods industry. Financial terms were not disclosed. “Gorreri is a highly respected brand recognized worldwide for premium-quality advanced industrial and semi-industrial baked goods solutions. This acquisition adds a broad line of complementary products to our food processing group, including turbo mixers, dosing, injecting, decorating, enrobing and ultrasonic portioning solutions. The Gorreri innovative end-to-end solutions extend and significantly strengthen the current Middleby offerings as a leader in the cake and desert categories, with meaningful growth synergies,” Tim FitzGerald, Middleby CEO.
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