Middleby Corp. acquires Stewart Systems Global

by Eric Schroeder
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ELGIN, ILL. — The Middleby Corp. has acquired Stewart Systems Global, L.L.C., a manufacturer of baking systems for the food processing industry with annual revenues of approximately $30 million. The acquisition is expected to further strengthen Middleby’s portfolio of brands and technologies serving the food processing industry.

“Stewart Systems is a long-standing and well-recognized leader in the production of highly automated proofing and oven systems for the baking industry,” said Selim A. Bassoul, chairman and chief executive officer of Middleby. “This addition is highly complementary to our recent acquisitions of Auto-Bake and Baker Thermal Solutions. We are providing customers a broader portfolio of patented technologies and an integrated baking system.

“The global manufacturing, sales and support infrastructure of Middleby will allow us to further extend the presence of these brands internationally. We are very well-positioned with our customers to meet their increasing demands for advanced technologies to support their growth initiatives as they expand in emerging markets.”

Middleby develops, manufactures, markets and services a broad line of equipment used for commercial food cooking, preparation and processing. The company’s equipment brands serving the commercial food service industry include Anets, Beech, Blodgett, Blodgett Combi, Blodgett Range, 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 equipment brands serving the food processing industry include Alkar, Armor Inox, Auto-Bake, Baker Thermal Solutions (formerly known as Turkington), Cozzini, Danfotech, Drake, Maurer-Atmos, MP Equipment, RapidPak and Stewart.

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