M&A Deal Summary

Middleby Acquires EVO

On December 31, 2018, Middleby acquired manufacturer EVO

Acquisition Highlights
  • This is Middleby’s 8th transaction in the Manufacturing sector.
  • This is Middleby’s 27th transaction in the United States.
  • This is Middleby’s 1st transaction in Oregon.

M&A Deal Summary

Date 2018-12-31
Target EVO
Sector Manufacturing
Buyer(s) Middleby
Deal Type Add-on Acquisition

Target

EVO

Tualatin, Oregon, United States
Evo is a cooking appliance manufacturer. Evo offers energy-efficient gas and electric circular cooktops for both indoor and outdoor use. Evo was founded in 2001 and is based in Tualatin, Oregon.

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Buyer(S) 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 STATS #
Overall 47 of 76
Sector: Manufacturing M&A 8 of 16
Type: Add-on Acquisition M&A Deals 43 of 70
State: Oregon M&A 1 of 1
Country: United States M&A 27 of 45
Year: 2018 M&A 9 of 9
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-27 Standex International - Cooking Solutions Group

Salem, New Hampshire, United States

Standex International Corp. - Cooking Solutions Group is a manufacturer of innovative commercial Food Service Equipment Group offering a wealth of refrigeration and cooking expertise. Cooking Solutions Group consists of the well-known brands APW Wyott, Bakers Pride, BKI, and Ultrafryer.

Buy -