M&A Deal Summary

Middleby Acquires Deutsche Beverage Technology

On March 2, 2020, Middleby acquired machinery company Deutsche Beverage Technology

Acquisition Highlights
  • This is Middleby’s 29th transaction in the Machinery sector.
  • This is Middleby’s 34th transaction in the United States.
  • This is Middleby’s 3rd transaction in North Carolina.

M&A Deal Summary

Date 2020-03-02
Target Deutsche Beverage Technology
Sector Machinery
Buyer(s) Middleby
Deal Type Add-on Acquisition

Target

Deutsche Beverage Technology

Charlotte, North Carolina, United States
Deutsche Beverage Technology is a provider of beverage brewing and processing equipment. Deutsche Beverage Technology is based in Charlotte, North Carolina.

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Buyer(S) 1

Buyer

Middleby

Elgin, Illinois, United States

Category Company
Founded 1888
Sector Manufacturing
Employees10,722
Revenue 4.0B USD (2023)
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 54 of 74
Sector (Machinery) 29 of 36
Type (Add-on Acquisition) 49 of 68
State (North Carolina) 3 of 3
Country (United States) 34 of 45
Year (2020) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-02 Synesso

Seattle, Washington, United States

Synesso, Inc. is a designer and manufacturer of semi-automatic espresso machines for the commercial market. Synesso is based in Seattle, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-08 Wild Goose Filling

Louisville, Colorado, United States

Wild Goose Filling is a designer, manufacturer and service of specialty liquid filling systems and highly-engineered food and beverage packaging equipment. Wild Goose Filling is based in Louisville, Colorado.

Buy -