M&A Deal Summary

Middleby Acquires TERRY

On July 5, 2023, Middleby acquired manufacturer TERRY

Acquisition Highlights
  • This is Middleby’s 15th transaction in the Manufacturing sector.
  • This is Middleby’s 43rd transaction in the United States.
  • This is Middleby’s 2nd transaction in Arizona.

M&A Deal Summary
Date 2023-07-05
Target TERRY
Sector Manufacturing
Buyer(s) Middleby
Deal Type Add-on Acquisition

Target

TERRY

Chandler, Arizona, United States
TERRY products eliminate scale and provides a scale preventative environment. TERRY is based in Chandler, Arizona.

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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 70 of 74
Sector (Manufacturing) 15 of 16
Type (Add-on Acquisition) 64 of 68
State (Arizona) 2 of 2
Country (United States) 43 of 45
Year (2023) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-13 Filtration Automation

Alvarado, Texas, United States

Filtration Automation is a provider of Micron-Pro brand high capacity oil management systems for poultry, fish, and snacks applications. Filtration Automation is based in Alvarado, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-07 German Bakery Technology

Villingen-Schwenningen, Germany

German Bakery Technology is an engineering and manufacturing high-grade industrial baking and bread lines. German Bakery Technology is based in Villingen-Schwenningen, Germany.

Buy -
Mergr

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