The Middleby Corporation acquired Josper S.A. for approximately $39.3 million, a transaction completed in May 2018, structured as all cash.
Josper S.A. operates in Commercial Foodservice. Josper is a leading manufacturer of charcoal grill and oven cooking equipment for commercial foodservice and residential applications, located in Pineda de Mar, Spain.
Added a distinctive charcoal-cooking brand serving both commercial and residential markets.
Advisory firms were not disclosed for this transaction.