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  5. Middleby Acquires Celfrost Innovations Pvt.

M&A Deal Summary

Middleby Acquires Celfrost Innovations Pvt.

On October 15, 2013, Middleby acquired distribution company Celfrost Innovations Pvt.

Acquisition Highlights
  • This is Middleby’s 1st transaction in the Distribution sector.
  • This is Middleby’s 1st transaction in India.

M&A Deal Summary
Date 2013-10-15
Target Celfrost Innovations Pvt.
Sector Distribution
Buyer(s) Middleby
Deal Type Add-on Acquisition

Target

Celfrost Innovations Pvt.

Gurgaon, India
Celfrost is recognized in India as a preferred commercial foodservice equipment distributor with a broad line of cold side products such as professional refrigerators, coldrooms, ice machines, and freezers, marketed under the Celfrost brand. Celfrost is a leading supplier of equipment to many of the fast growing restaurant chains and hotel groups.

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Buyer(S) 1

Buyer

Middleby

Elgin, Illinois, United States
Category Company
Founded 1888
Sector Manufacturing
Employees10,616
Revenue 3.9B USD (2024)
DESCRIPTION

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.

DEAL STATS #
Overall 20 of 74
Sector: Distribution M&A 1 of 2
Type: Add-on Acquisition M&A Deals 19 of 68
Country: India M&A 1 of 1
Year: 2013 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-23 Spooner Vicars Bakery Systems

Merseyside, United Kingdom

Spooner Vicars Bakery Systems, Inc. is a manufacturer of baking systems for the cookie and cracker industry. Spooner Vicars offers equipment and systems capable of mixing, forming, baking, cooling, sandwiching and packaging to produce every type of biscuit and snack baked product.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-18 Automatic Bar Controls

Vacaville, California, United States

Wunder-Bar is a provider of innovative dispensing solutions for carbonated and non-carbonated soft drinks, flavored iced teas and other beverages.

Buy -
Mergr

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