Monday, June 1, 2015

The Middleby Corporation Acquires Induc Commercial Electronics Co., Ltd.

Elgin, Ill. (June 1, 2015) –The Middleby Corporation (NASDAQ: MIDD) today announced it has acquired the assets of Induc Commercial Electronics Co. Ltd. (“Induc”), a leading manufacturer of induction cooking equipment for the commercial foodservice industry. Based in Qingdoa, China, Induc has annual revenues of approximately $10 million.

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