The Middleby Corporation acquired United Foodservice Equipment Group, a transaction announced in December 2020, structured as Acquisition.
United Foodservice Equipment Group operates in Commercial Foodservice, is based in China. United Foodservice, based in Zhuhai, China, designs, manufactures and supplies counter-top commercial foodservice equipment, with about $10 million in recent annual revenues. Middleby acquired it for its Commercial Foodservice group.
Adds counter-top commercial equipment and Chinese manufacturing to Middleby.
Advisory firms were not disclosed for this transaction.