M&A Deal Summary

Middleby Acquires Doyon Equipment

On December 16, 2009, Middleby acquired machinery company Doyon Equipment

Acquisition Highlights
  • This is Middleby’s 2nd transaction in the Machinery sector.
  • This is Middleby’s 1st transaction in Canada.
  • This is Middleby’s 1st transaction in Quebec.

M&A Deal Summary

Date 2009-12-16
Target Doyon Equipment
Sector Machinery
Buyer(s) Middleby
Deal Type Add-on Acquisition

Target

Doyon Equipment

Beauce, Quebec, Canada
Doyon Equipment, Inc. is a manufacturer of baking ovens for the commercial foodservice industry.

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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 4 of 73
Sector (Machinery) 2 of 35
Type (Add-on Acquisition) 4 of 67
State (Quebec) 1 of 1
Country (Canada) 1 of 3
Year (2009) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-05 TurboChef Technologies

Carrollton, Texas, United States

TurboChef Technologies, Inc. engages in manufacturing of speed-cook technology, one of the fastest growing segments of the commercial foodservice equipment market. TurboChef’s user-friendly speed cook ovens employ proprietary combinations of heating technologies to cook a variety of food products at speeds faster than that of conventional heating methods. Having created the speed cooking category, TurboChef is uniquely positioned to capture the growing demand in this segment. T

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-12 Beech Ovens Pty

Brisbane, Australia

Beech Ovens Pty Ltd. is a manufacturer of stone hearth ovens for the commercial foodservice industry located in Brisbane, Australia.

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