The Middleby Corp. is acquiring high-speed oven manufacturer TurboChef Technologies, Inc., in a deal worth $200 million. Middleby says it believes TurboChef’s technology is in the early stages of gaining broader market acceptance and it will boost it through the its global sales and service platform. “The acquisition of TurboChef will strengthen Middleby’s position as a global leader in the foodservice equipment industry,” said Middleby Chairman/CEO Selim Bassoul. “Having created the speed ...
Register to view this Article
Why Register for FREE?
Registering for Premium Content on Food Management will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.