The Middleby Corporation has announced the acquisition of cooling and freezing equipment manufacturer Scanico.
Denmark-based Scanico has approximately $30 million in annual revenues. It is a leader in cooling and freezing technologies directed to many sectors of the industrial food processing industries, with significant market share within the protein and bakery markets.
Middleby said the acquisition further broadens the capabilities of its food processing group with ‘a highly complementary technology for its food processing product portfolio’.
A Bassoul, CEO of The Middleby Corporation, said: “With this acquisition, we add a highly respected brand and continue to strengthen the portfolio of comprehensive solutions that we offer our customers in the food processing industry.”
Middleby develops, manufactures, markets and services a broad line of equipment used in the commercial foodservice, food processing, and residential kitchen equipment industries.
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