Elgin, Ill. (December 23, 2014) –The Middleby Corporation today announced it will acquire Goldstein Eswood, a leading commercial equipment manufacturer based in New South Wales, Australia. Goldstein Eswood has annual revenues of approximately $25 million USD. The Goldstein and Eswood brands are well established in the Australian and New Zealand markets and featured in many top restaurants. Goldstein manufactures a broad-line of commercial cooking equipment including ranges, ovens, griddles, fryers and warming equipment. Eswood is a leading manufacturer of dishwashing equipment for the commercial
kitchen.
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Tuesday, December 23, 2014
Monday, December 22, 2014
Middleby to Acquire Desmon Food Service Equipment Company
Elgin, Ill. (December 22, 2014)—The Middleby Corporation (NASDAQ: MIDD) today announced
the acquisition of Desmon Food Service Equipment Company (Desmon). The company is based
in Nusco, Italy and has annual revenues of approximately $15 million USD.
A leader in chilling and freezing technologies, Desmon products include blast chillers and
refrigeration for the commercial kitchen. The company’s products are known for their advanced
insulation technology and energy efficiency.
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the acquisition of Desmon Food Service Equipment Company (Desmon). The company is based
in Nusco, Italy and has annual revenues of approximately $15 million USD.
A leader in chilling and freezing technologies, Desmon products include blast chillers and
refrigeration for the commercial kitchen. The company’s products are known for their advanced
insulation technology and energy efficiency.
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Wednesday, December 3, 2014
Middleby CEO Selim Bassoul Captivates Audience at Baron Funds Investment Conference
Elgin, Ill. (Dec. 4, 2014) – When Baron Capital was looking for a keynote speaker with one of their outstanding-performing companies that would excite the crowd at the company’s 23rd annual Investor Conference held Nov. 7, at the Metropolitan Opera House in New York, they chose Middleby Chairman and CEO Selim Bassoul.
Watch The Full Video
Watch The Full Video
Monday, November 24, 2014
Crain's Chicago Business - Turning the kitchen into a tech hot spot
Middleby CEO Selim Bassoul stood before a packed room of investors at the Four Seasons Hotel in Chicago two weeks ago and hoisted above his head a heating element for an oven. “How many of you are familiar with this?” he asked. “This is a piece of crap.”
Friday, November 14, 2014
The Middleby Corporation Named to Fortune Magazine’s 2014 Fastest-Growing Companies List
November 14, 2014 (Elgin, IL) - The Middleby Corporation has been named to the annual Fortune Magazine Fastest-Growing Companies list for 2014. Middleby ranked No. 71 overall and was the third-best performing industrial company on the list.
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Wednesday, November 5, 2014
The Middleby Corporation Reports Third Quarter Results
Elgin, IL, November 5, 2014 – The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing and residential kitchen industries, today reported net sales and earnings for the third quarter ended September 27, 2014. Net earnings for the third quarter were $59,713,000 or $1.05 per share on net sales of $404,289,000 as compared to the prior year third quarter net earnings of $40,942,000 or $0.73 per share on net sales of $360,013,000.
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Monday, November 3, 2014
The Middleby Corporation Schedules Third Quarter Earnings Release and Conference Call
Elgin, Ill. (BUSINESS WIRE) – November 3, 2014 – The Middleby Corporation
(NASDAQ: MIDD) today announced it will release 2014 third quarter earnings on
Wednesday, November 5 after the market closes. The company has scheduled a
conference call to discuss the results at 10 a.m. Eastern Time/9 a.m. Central Time on
Thursday, November 6. The call can be accessed by dialing (888) 391-6937 and entering
conference code 21823027. The conference call is also accessible through the Investor
Relations section of the company website at www.middleby.com.
(NASDAQ: MIDD) today announced it will release 2014 third quarter earnings on
Wednesday, November 5 after the market closes. The company has scheduled a
conference call to discuss the results at 10 a.m. Eastern Time/9 a.m. Central Time on
Thursday, November 6. The call can be accessed by dialing (888) 391-6937 and entering
conference code 21823027. The conference call is also accessible through the Investor
Relations section of the company website at www.middleby.com.
Wednesday, October 29, 2014
Middleby Named Fastest Growing Company by Fortune Magazine
Middleby - It’s not a novel by George Eliot—it’s a maker of commercial kitchen equipment with more than 40 brands (including Viking), which cooked up juicy earnings.
Tuesday, October 14, 2014
Middleby to Acquire U-Line Corporation
October 14, 2014 (Elgin, Ill.) – The Middleby Corporation (NASDAQ: MIDD) today announced it has entered into a definitive agreement to acquire the U-Line Corporation (U-Line). U-Line is an industry leader in the premium residential built-in modular ice making, refrigeration and wine preservation market.
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Monday, September 8, 2014
The Middleby Corporation Acquires Concordia Coffee Company, Inc.
ELGIN, Ill. (Business Wire) – September 8, 2014 -- The Middleby Corporation (NASDAQ: MIDD)
today announced the acquisition of Concordia Coffee Company, Inc. ("Concordia"), a leading manufacturer of automated and self-service coffee and espresso machines serving the commercial foodservice industry. Concordia has a highly innovative lineup of products that serve the needs of a wide array of convenience store, hotel, restaurant chain, and institutional customers. The company is located in Seattle and has approximately $15 million in annual revenues.
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today announced the acquisition of Concordia Coffee Company, Inc. ("Concordia"), a leading manufacturer of automated and self-service coffee and espresso machines serving the commercial foodservice industry. Concordia has a highly innovative lineup of products that serve the needs of a wide array of convenience store, hotel, restaurant chain, and institutional customers. The company is located in Seattle and has approximately $15 million in annual revenues.
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Friday, September 5, 2014
Can Middleby shares heat up your portfolio? Watch the Fox Video!
Can Middleby shares heat up your portfolio?
Sep. 02, 2014 - 3:30 - FBN’s Charles Payne, retail analyst Hitha Prabhakar, Penn Financial Group founder Matt McCall, Monster Worldwide Senior V.P. Joanie Courtney, small business expert Susan Solovic and FBN’s Tracy Byrnes on the outlook for Middleby.
Sep. 02, 2014 - 3:30 - FBN’s Charles Payne, retail analyst Hitha Prabhakar, Penn Financial Group founder Matt McCall, Monster Worldwide Senior V.P. Joanie Courtney, small business expert Susan Solovic and FBN’s Tracy Byrnes on the outlook for Middleby.
Wednesday, August 6, 2014
The Middleby Corporation Reports Second Quarter Results
Elgin, IL, August 6, 2014 – The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing and residential kitchen industries, today reported net sales and earnings for the second quarter ended June 28, 2014. Net earnings for the second quarter were $48,405,000 or $0.85 per share on net sales of $424,776,000 as compared to the prior year second quarter net earnings of $37,163,000 or $0.67 per share on net sales of $363,801,000.
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Friday, May 30, 2014
The Middleby Corporation Declares 3-for-1 Stock Split
ELGIN, Ill. (BUSINESS WIRE)—May 30, 2014—The Middleby Corporation (NASDAQ:MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing and residential kitchen equipment industries, today announced that the company’s Board of Directors has declared a three-for-one split of the company’s common stock.
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Wednesday, May 21, 2014
Middleby CEO Selim Bassoul to be Keynote Speaker at Chicago Executives’ Club Annual Innovation Awards Program
Elgin, Ill. (May 21, 2014) – Selim Bassoul, Chairman and CEO of The Middleby Corporation, will give the keynote address at the Chicago Executives’ Club annual awards innovation program, to be held Thursday, May 22 at the Hilton Chicago.
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Wednesday, May 14, 2014
NRA 2014 Newsletter - May 2014
Featured in this issue:
- IMC WasteStation Receives Best
- Sustainable Catering Equipment Award
- 10-second Tortilla Warmer
- New High Efficiency Charbroiler from MagiKitch’n
- Market Forge to Make Middleby Debut at NRA
- Avoid Cross Contamination with HOUNÖ Combi Ovens
- Middleby Dedicates Booth to Innovation at NRA
- Southbend Introduces New Plancha
- People at Middleby
- Ed Baker, NIECO Founder and 40-year Industry Veteran in New role
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- IMC WasteStation Receives Best
- Sustainable Catering Equipment Award
- 10-second Tortilla Warmer
- New High Efficiency Charbroiler from MagiKitch’n
- Market Forge to Make Middleby Debut at NRA
- Avoid Cross Contamination with HOUNÖ Combi Ovens
- Middleby Dedicates Booth to Innovation at NRA
- Southbend Introduces New Plancha
- People at Middleby
- Ed Baker, NIECO Founder and 40-year Industry Veteran in New role
View Newsletter
Thursday, May 8, 2014
The Middleby Corporation Reports First Quarter Results
Elgin, IL, May 7, 2014 – The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net sales and earnings for the first quarter ended March 29, 2014. Net earnings for the first quarter were $33,445,000 or $1.78 diluted earnings per share on net sales of $372,478,000 as compared to the prior year first quarter net earnings of $25,902,000 or $1.39 diluted earnings per share on net sales of $327,451,000.
Monday, May 5, 2014
The Middleby Corporation Schedules First Quarter Earnings Release and Conference Call
Elgin, Ill. (BUSINESS WIRE)—May 5, 2014—The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2014 first quarter earnings on Wednesday, May 7 after the market closes. The company has scheduled a conference call to discuss the results at 11 a.m. Eastern Time/10 a.m. Central Time on Thursday, May 8. The call can be accessed by dialing (315) 625-3077 and entering conference code 40462329. The conference call is also accessible through the Investor Relations section of the company website at www.middleby.com.
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Thursday, April 3, 2014
The Middleby Corporation Acquires Processing Equipment Solutions, Inc.
ELGIN, Ill. (April 3, 2014)—The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of the assets of Processing Equipment Solutions, Inc. (“PES”), a leading manufacturer of equipment for the food processing industry based in Gainesville, Georgia. PES product offerings include the IntelliJet™ and MegaJet™ line of water cutting systems, meat presses and fillet systems. PES has annual revenues of approximately $15 million.
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Monday, March 10, 2014
Nieco, Star and TurboChef Named 2014 Kitchen Innovation Award Recipients
March 6, 2014 (Elgin, IL)- The Middleby Corporation is proud to announce that three of its brands: Nieco, Star and TurboChef, have been selected as recipients of the 2014 Kitchen Innovation Award, which are presented by the National Restaurant Association Restaurant, Hotel and Motel Show.
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Friday, February 28, 2014
Viking Range, LLC to Make Company History with the Debut of New Products at KBIS Show
February 3, 2014 (Greenwood, MS)—Viking Range, LLC, a leader in residential kitchen technology, will unveil more new products at the 2014 Kitchen and Bath Industry Show (KBIS) than ever before in company history . Viking will showcase more than 50 new, innovative products at the Las Vegas convention Center, Feb. 4-6, in booth N1215.
“I have personally, along with the team at Viking, sought input from dealers, end users, engineers and builders both domestically and internationally to develop innovation that directly applies to the daily kitchen needs,” said Selim A. Bassoul, Chairman and CEO of The Middleby Corporation, parent company of Viking Range. “We have restructured Viking over the past year to create an environment for new ideas, excited people and great energy. We stand behind Viking product. Quality drives us. So much so that we now offer the Viking Signature 3 Year Warranty and a 90 Day No Quibble Guarantee.”
“I have personally, along with the team at Viking, sought input from dealers, end users, engineers and builders both domestically and internationally to develop innovation that directly applies to the daily kitchen needs,” said Selim A. Bassoul, Chairman and CEO of The Middleby Corporation, parent company of Viking Range. “We have restructured Viking over the past year to create an environment for new ideas, excited people and great energy. We stand behind Viking product. Quality drives us. So much so that we now offer the Viking Signature 3 Year Warranty and a 90 Day No Quibble Guarantee.”
Tuesday, February 25, 2014
The Middleby Corporation Reports Fourth Quarter and Full Year Results
Elgin, IL, February 25, 2014 – The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net sales and earnings for the fourth quarter and full fiscal year ended December 28, 2013. Net earnings for the fourth quarter were $49,921,000 or $2.62 diluted earnings per share on net sales of $377,420,000 as compared to the prior year fourth quarter net earnings of $37,788,000 or $2.03 diluted earnings per share on net sales of $291,612,000. Net earnings for the fiscal year ended December 28, 2013 were $153,928,000 or $8.21 diluted earnings per share on net sales of $1,428,685,000 as compared to net earnings of $120,697,000 or $6.49 diluted earnings per share on net sales of $1,038,174,000 in the prior year.
Friday, February 21, 2014
The Middleby Corporation Schedules Fourth Quarter Earnings Release and Conference Call
Elgin, Ill. (BUSINESS WIRE)—February 21, 2014—The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2013 fourth quarter earnings on Tuesday, February 25 after the market closes. The company has scheduled a conference call to discuss the results at 11 a.m. Eastern Time/10 a.m. Central Time on Wednesday, February 26. The call can be accessed by dialing (315) 625-3077 and entering conference code 14962870#. The conference call is also accessible through the Investor Relations section of the company website at www.middleby.com.
Thursday, February 20, 2014
Middleby Opens Office in Dubai to Serve Rapidly Growing Middle Eastern Market
February 20, 2014 (Elgin, IL)- The Middleby Corporation (NASDAQ: MIDD) today announced the future
opening of Middleby Middle East in Dubai, United Arab Emirates, which will serve the Middle East with
technical support, design services and a test kitchen for customers.
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opening of Middleby Middle East in Dubai, United Arab Emirates, which will serve the Middle East with
technical support, design services and a test kitchen for customers.
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Tuesday, January 21, 2014
What's Cooking with Middleby Brands
January 2014
- Save 300,000 Gallons of Water
- Viking to Make a Return to KBIS
- Jade Takes Chefs Back to Cooking Roots
- Celfrost, Automatic Bar Controls, and Market Forge Join Middleby
- 125 Years of Quality
- A Match Made in Heaven
- Bake a Pizza in 90 Seconds
- New Faces at Middleby
View Full Newsletter
- Save 300,000 Gallons of Water
- Viking to Make a Return to KBIS
- Jade Takes Chefs Back to Cooking Roots
- Celfrost, Automatic Bar Controls, and Market Forge Join Middleby
- 125 Years of Quality
- A Match Made in Heaven
- Bake a Pizza in 90 Seconds
- New Faces at Middleby
View Full Newsletter
Wednesday, January 8, 2014
Middleby Marshall Receives 2013 Business Partners Award from Domino’s Pizza India for the Eighth Consecutive Year
Elgin, ILll. (January 8, 2014)- Middleby Marshall, the world leader in conveyor ovens, has been
awarded the 2013 Business Partners Award from Domino’s Pizza India, Ltd. This is the eighth
consecutive year Middleby has received this award.
awarded the 2013 Business Partners Award from Domino’s Pizza India, Ltd. This is the eighth
consecutive year Middleby has received this award.
Monday, January 6, 2014
The Middleby Corporation Acquires Market Forge Industries, Inc.
ELGIN, Ill. (January 6, 2014)—The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of the assets of Market Forge Industries, Inc. (“Market Forge”), a leading manufacturer of steam cooking equipment for the foodservice industry. The product offerings of Market Forge include countertop steamers, kettles and braising pans used by leading restaurants and foodservice operations. Market Forge has annual revenues of approximately $15 million.
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