M&A Deal Summary

Middleby Acquires M-TEK

On October 1, 2018, Middleby acquired machinery company M-TEK

Acquisition Highlights
  • This is Middleby’s 27th transaction in the Machinery sector.
  • This is Middleby’s 26th transaction in the United States.
  • This is Middleby’s 4th transaction in Illinois.

M&A Deal Summary
Date 2018-10-01
Target M-TEK
Sector Machinery
Buyer(s) Middleby
Deal Type Add-on Acquisition

Target

M-TEK

Elgin, Illinois, United States
M-TEK, Inc. is a manufacturer of Modified Atmosphere Packing (MAP) systems. MAP process removes the oxygen content from inside of a package to improve the shelf life of food. M-TEK offers a range of single, multiple and continuous operating models. M-TEK, Inc. is based in Elgin, Illinois.

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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 45 of 74
Sector (Machinery) 27 of 36
Type (Add-on Acquisition) 41 of 68
State (Illinois) 4 of 4
Country (United States) 26 of 45
Year (2018) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-18 Taylor

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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-03 Crown Food Service Equipment

North York, Ontario, Canada

Crown Food Service Equipment Ltd. is a design and manufacturer of steam cooking equipment for the commercial foodservice industry. Crown Food Service Equipment is based in North York, Canada.

Buy -
Mergr

Product

Company

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