The Middleby Corporation acquired JoeTap, a transaction announced in April 2018, structured as Acquisition.
JoeTap operates in Commercial Foodservice, is based in United States. JoeTap, a subsidiary of A.C. Beverage, Inc., is an innovator of on-demand nitro and cold brew coffee dispensing equipment for commercial foodservice. Middleby acquired it to expand beverage dispensing.
Adds nitro/cold-brew coffee dispensing to Middleby's beverage platform.
Advisory firms were not disclosed for this transaction.