The Online Investor



Industrial Machinery & Equipment M&A image Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Tue., Mar. 19, 1:28 AM Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.

Slide #73. The Middleby Corporation Celfrost Innovations Pvt.

Acquirer: The Middleby Corporation (NASDAQ:MIDD)
Acquiree: Celfrost Innovations Pvt.
Details: The Middleby Corporation (NASDAQ:MIDD) today announced the acquisition of the commercial refrigeration and foodservice products business of Celfrost Innovations Pvt. Ltd. ("Celfrost"). Celfrost has annual sales of approximately $20 million and is based in Gurgaon, India. The Celfrost business was acquired by Middleby's newly established entity in India, Middleby Commercial Food Innovations Pvt. Ltd.

Middleby is engaged in the design, manufacture and sale of commercial foodservice, food processing equipment and residential kitchen equipment. Co.'s segments are: Commercial Foodservice Equipment Group, which has a portfolio of foodservice equipment that enable it to serve virtually any cooking, warming, holding, refrigeration, freezing and beverage application within a commercial kitchen or foodservice operation; Food Processing Equipment Group, which provides a portfolio of processing solutions for customers producing protein products and bakery products; and Residential Kitchen Equipment Group, which manufactures, sells and distributes kitchen equipment for the residential market.

MIDD SEC Filing Email Alerts Service


Open the MIDD Page at The Online Investor »

Company Name: 
Middleby Corp
Website: 
www.middleby.com
Sector: 
Industrial Machinery & Equipment
Number of ETFs Holding MIDD: 
56
Total Market Value Held by ETFs: 
$1.29B
Total Market Capitalization: 
$8.23B
% of Market Cap. Held by ETFs: 
15.74%
 

Open the MIDD Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree MIDD Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Strong Buy (3.60 out of 4)
63rd percentile
(ranked higher than approx. 63% of all stocks covered)

Analysts' Target Price:
MIDD Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Industrial Machinery & Equipment M&A - Slide 73 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2024, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.