ELGIN, Ill. -- (Business Wire)
The Middleby Corporation (NASDAQ: MIDD) today announced that it has
acquired Armor Inox. Armor Inox is a leading manufacturer of thermal
processing systems for the food processing industry with approximate
annual revenues of $25 million. The addition of this brand complements
and further enhances Middleby’s food processing equipment platform.
Armor Inox is recognized by the leading global food processors for its
unique cooking process. The Armor Inox Thermix cooking system utilizes
water to provide for a highly efficient transfer of heat, rapid cook
times, and the highest cooking yields. The Thermix cooking system
ensures precise control of the cooking cycle resulting in superior
product quality and consistency.
“In the last eighteen months, Middleby has significantly expanded its
food processing equipment platform completing the acquisitions of Armor
Inox, Auto-Bake, Cozzini, Danfotech, Drake, and Maurer-Atmos, which adds
to the existing portfolio of brands including Alkar, MP Equipment and
RapidPak. We have assembled a very strong lineup of globally recognized
brands and a portfolio of complementary industry leading technologies.
These highly synergistic acquisitions will allow us to provide our
customers a uniquely integrated and efficient equipment solution,
providing for reduced operating costs and the highest standards of
quality. As we complete the integration of these newly acquired brands,
we also see significant opportunity to realize operational efficiencies
amongst our expanded Food Processing Equipment Group,” commented Selim
A. Bassoul, Chairman and CEO.
About The Middleby Corporation
The Middleby Corporation is a global leader in the foodservice equipment
industry. The company develops, manufactures, markets and services a
broad line of equipment used for commercial food cooking, preparation
and processing. The company's leading equipment brands serving the
commercial foodservice industry include Anets®, Blodgett®, Blodgett
Combi®, Beech®, Bloomfield®, Britannia®, Carter Hoffmann®, CookTek®,
CTX®, Doyon®, FriFri®, Giga®, Holman®, Houno®, IMC®, Jade®, Lang®,
Lincat®, MagiKitch'n®, Middleby Marshall®, Nu-Vu®, PerfectFry®, Pitco
Frialator®, Southbend®, Star®, Toastmaster® Turbochef® and Wells®. The
company’s leading equipment brands serving the food processing industry
include Alkar®, Armor Inox®, Auto-Bake®, Cozzini®, Danfotech®, Drake®,
MP Equipment®, and RapidPak®. The Middleby Corporation has been
recognized by Forbes Magazine as one of the Best Small Companies in
2008, 2009 and 2010.
For further information about Armor Inox, visit www.armorinox.net
For further information about Middleby, visit www.middleby.com.

Contacts:
The Middleby Corporation
Darcy Bretz (847) 429-7756
Tim
FitzGerald (847) 429-7744
Source: The Middleby Corporation
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