The Middleby Corporation acquired Crown Food Service Equipment, Ltd. for approximately $42.0 million, a transaction completed in December 2018, structured as all cash.
Crown Food Service Equipment, Ltd. operates in Commercial Foodservice. Crown is a leading designer and manufacturer of steam cooking equipment for the commercial foodservice industry, located in Toronto, Canada.
Expanded steam-cooking capacity and the Canadian footprint.
Advisory firms were not disclosed for this transaction.