The Middleby Corporation acquired GBT GmbH Bakery Technology, a transaction announced in February 2024, structured as Acquisition.
GBT GmbH Bakery Technology operates in Food Processing, is based in Germany. GBT, based in Luenen, Germany, engineers and manufactures high-grade industrial baking and bread lines, with annual revenues of about 10 million euros. Middleby acquired it to expand its industrial baking platform.
Deepens Middleby's Food Processing industrial baking capabilities.
Advisory firms were not disclosed for this transaction.