The Middleby Corporation acquired Synesso, a transaction announced in December 2019, structured as Acquisition.
Synesso operates in Commercial Foodservice, is based in United States. Synesso, based in Seattle, designs and manufactures semi-automatic espresso machines for the commercial market, with about $10 million in revenues. Middleby acquired it to expand its beverage offering.
Adds premium commercial espresso equipment to Middleby's beverage platform.
Advisory firms were not disclosed for this transaction.