Add-on Acquisition • Electrical Equipment

Middleby Acquires Josper S.A.

On April 20, 2018, Middleby acquired electrical equipment company Josper S.A.

Acquisition Context
  • This is Middleby’s 3rd transaction in the Electrical Equipment sector.
  • This is Middleby’s 1st transaction in Spain.

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M&A Deal Summary

Date April 20, 2018
Target Josper S.A.
Sector Electrical Equipment
Buyer(s) Middleby
Deal Type Add-on Acquisition

Target Company

Josper S.A.

Barcelona, Spain
Josper S.A. is a manufacturer of charcoal grill and oven cooking equipment for commercial foodservice and residential applications. Josper is based in Barcelona, Spain.
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Buyer Overview 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 Context for Buyer #
Overall 43 of 77
Sector: Electrical Equipment 3 of 3
Type: Add-on Acquisition 40 of 70
Country: Spain 1 of 1
Year: 2018 5 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-16 JoeTap

United States

JoeTap is a distributor of nitro cold brew coffee dispensers. JoeTap is based in United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-18 Taylor Co.

Rockton, Illinois, United States

Taylor Co. is a provider of beverage solutions, soft serve and ice cream dispensing equipment, frozen drink machines, and automated double-sided grills. Taylor is based in Rockton, Illinois.

Buy USD1.0B