ELGIN, ILL. — The Middleby Corp. announced the acquisition of the Sweden-based Sveba Dahlen Group. Comprised of Sveba Dahlen, Glimek and Bear Varimixer brands, the Sveba Dahlen Group produces equipment for the food service and industrial baking industries. The group generates approximately $60 million in annual sales.
|Mark Salman, president, Middleby Bakery Group|
“Sveba Dahlen, Glimek and Bear Varimixer are amazing Scandinavian brands that cater to a demanding segment of the bakery industry,” said Mark Salman, president, Middleby Bakery Group. “The company has shown steady organic growth and Middleby will empower the company’s management team to continue to grow and innovate.”Peter Larsson, chief executive officer of Sveba Dahlen Group, added, “It has been an exciting journey at Sveba Dahlen, and I believe Middleby as the new owner will be able to provide us with great support.”