Middleby - M&A Summary and Business Overview

ManufacturingCompany

Middleby M&A Summary

Middleby has acquired 74 companies, including 26 in the last 5 years. A total of 14 acquisitions came from private equity firms.

Middleby’s largest acquisition to date was in 2021, when it acquired Masterbuilt Manufacturing for $385M. Middleby has acquired in 24 different US states, and 15 countries. The Company’s most targeted sectors include machinery (48%) and manufacturing (22%).

Middleby Business Overview

Where is Middleby headquartered?

Middleby is headquartered in Elgin, Illinois.

What is Middleby’s revenue?

Middleby disclosed revenue of 4,036M USD for 2023 and 4,033M USD for 2022.

How many employees does Middleby have?

Middleby has 10,722 employees.

What sector is Middleby in?

Middleby is a manufacturing company.

When was Middleby founded?

Middleby was founded in 1888.

M&A Summary

  • M&A Total Activity73
    • M&A Buy Activity73
  • Total Sectors Invested 12
  • Total Countries Invested 15
  • M&A Buy/Sell Connections 18
  • M&A Advisors 2

Middleby

The Middleby Corp.

1400 Toastmaster Drive,
Elgin, Illinois 60120
United States,
(847) 741-3300
www.middleby.com

Middleby designs, manufactures, markets, distributes, and services a broad line of food service equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling, and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, and dishwashers primarily used in the residential market. Middleby was founded in 1888 and is based in Elgin, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (4.0/yr) # 53 4 4 6 3 3 73
vol $851M $385M $1.2B
Sell (0.0/yr) # - - - - - - 0
  73

Most Recent M&A

Company Date Value Type
JC Ford Co. 2024-11-01 - Add-on Acquisition
Columbia, Tennessee · www.jcford.com
Emery Thompson 2024-10-11 - Add-on Acquisition
Brooksville, Florida · www.emerythompson.com
GBT GmbH 2024-02-07 - Add-on Acquisition
Villingen-Schwenningen, Germany · www.gbtgmbh.de
TERRY Water Treatment Solutions 2023-07-05 - Add-on Acquisition
Chandler, Arizona · www.terryh2o.com
Filtration Automation, Inc. 2023-06-13 - Add-on Acquisition
Alvarado, Texas · www.micronpro.com
Flavor Burst Co. 2023-01-24 - Add-on Acquisition
Danville, Indiana · www.flavorburst.com
Marco Beverage Systems Ltd. 2022-12-20 - Add-on Acquisition
Dublin, Ireland · www.marcobeveragesystems.com
Escher Mixers srl 2022-11-10 - Add-on Acquisition
Vicenza, Italy · www.eschermixers.com
Colussi Ermes s.r.l. 2022-07-27 - Add-on Acquisition
Pordenone, Italy · www.colussiermes.com
CP Packaging LLC 2022-07-12 - Add-on Acquisition
Appleton, Wisconsin · www.cppac.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Machinery 35 (48%) 58M (5%) - -
Manufacturing 16 (22%) 380M (31%) - -
Consumer Products 7 (10%) 385M (31%) - -
Electrical Equipment 3 (4%) 27M (2%) - -
Automotive 2 (3%) - - -
Distribution 2 (3%) - - -
Electronics 2 (3%) 199M (16%) - -
Food 2 (3%) - - -
Building Materials 1 (1%) 188M (15%) - -
Business Services 1 (1%) - - -
Internet Software and Services 1 (1%) - - -
Packaging 1 (1%) - - -
Total 73 $1.2B - -

By Geo

State/Country Buy Value Sell Value
United States 45 980M - -
  California 6 - - -
  Illinois 4 - - -
  Texas 3 - - -
  North Carolina 3 - - -
  Wisconsin 3 27M - -
  Washington 3 - - -
  Pennsylvania 2 - - -
  Missouri 2 188M - -
  Georgia 2 385M - -
  Florida 2 - - -
  Arizona 2 - - -
  Tennessee 1 - - -
  Oregon 1 - - -
  Oklahoma 1 - - -
  Ohio 1 - - -
  New York 1 - - -
  New Hampshire 1 - - -
  Mississippi 1 380M - -
  Massachusetts 1 - - -
  Indiana 1 - - -
  Colorado 1 - - -
  Virginia 1 - - -
  Vermont 1 - - -
Italy 6 - - -
United Kingdom 4 257M - -
Australia 3 - - -
Canada 3 - - -
  Ontario 1 - - -
  Alberta 1 - - -
  Quebec 1 - - -
China 2 - - -
Germany 2 - - -
Belgium 1 - - -
Denmark 1 - - -
France 1 - - -
India 1 - - -
Ireland 1 - - -
South Korea 1 - - -
Spain 1 - - -
Sweden 1 - - -
Domestic 45 (62%) 980M (79%) - -
Cross-border 28 (38%) 257M (21%) - -
Total 73 $1.2B - -

Top M&A Advisors

Financial Deals
Morgan Stanley
 1
Legal Deals
Skadden, Arps, Slate, Meagher & Flom
 1

Deal Values

buy # Total
$100M to $1B 4 $1.2B
< $100M 2 $85M
TOTAL $1.2B
Largest Masterbuilt Manufacturing LLC
$385M (2021-12-06)

M&A Connections

Deals
Acquired from
Investor(s)
18%
13 (18%)
Strategic(s)
7%
5 (7%)

Company Summary

SECTOR

Manufacturing

Revenue

4,036   1% 2023
4,033   25% 2022
3,251   30% 2021
2,513   16% 2020
2,959   9% 2019
2,723   17% 2018
2,336   3% 2017
2,268   25% 2016
1,827   12% 2015
1,637   15% 2014
1,428   38% 2013
1,038   2012
(millions of USD) Show More Show Less

Employees

10,722

Established

1888

Public

NASDAQ: MIDD

Former Name

TMC Industries Ltd.

 Subscribe to unlock this and 207,963
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 200K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Middleby

Illinois Companies , Manufacturing Companies , United States Companies , Illinois Manufacturing Companies , Illinois Manufacturing with Acquisitions , Illinois Manufacturing with Divestitures

Related Lists for Illinois Companies

Largest Illinois Companies , Acquisitive Illinois Companies , Recently Acquired Illinois Companies , Recently Sold Illinois Companies , Private Illinois Companies , Public Illinois Companies , Acquired Illinois Companies , PE Backed Illinois Companies

Related Lists for Manufacturing Companies

Largest Manufacturing Companies , Acquisitive Manufacturing Companies , Recently Acquired Manufacturing Companies , Recently Sold Manufacturing Companies , Private Manufacturing Companies , Public Manufacturing Companies , Acquired Manufacturing Companies , PE Backed Manufacturing Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal