Middleby Corp. is acquiring high-speed oven manufacturer TurboChef Technologies Inc. in a deal worth $200 million. In its announcement, Middleby said it believes TurboChef's technology is in the early stages of gaining broader market acceptance, which will be boosted with the Middleby global sales and service platform and its operating expertise. “The acquisition of TurboChef will strengthen Middleby's position as a global leader in the foodservice equipment industry,” says Middleby ...
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