M&A Deal Summary

Middleby Acquires Synesso

On December 2, 2019, Middleby acquired manufacturer Synesso

Acquisition Highlights
  • This is Middleby’s 10th transaction in the Manufacturing sector.
  • This is Middleby’s 33rd transaction in the United States.
  • This is Middleby’s 3rd transaction in Washington.

M&A Deal Summary

Date 2019-12-02
Target Synesso
Sector Manufacturing
Buyer(s) Middleby
Deal Type Add-on Acquisition

Target

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.

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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 53 of 74
Sector (Manufacturing) 10 of 16
Type (Add-on Acquisition) 48 of 68
State (Washington) 3 of 3
Country (United States) 33 of 45
Year (2019) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-20 Brava

Sacramento, California, United States

Brava offers proprietary cooking-by-light technology which provides users a fast, flexible, space-saving, and eco-friendly appliance for their kitchen counter. Brava is based in Sacramento, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-02 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.

Buy -