The Middleby Corporation, a global manufacturer of commercial kitchen and food processing equipment, has acquired Frigomeccanica S.p.A. The acquisition, which adds to Middleby’s Food Processing portfolio, was for the Italy-based company that specializes in equipment for drying, defrosting, and fermenting food.
Frigomeccanica, with annual revenues of $30 million, is a leader in solutions for the food processing industry. The acquisition will enhance Middleby’s ability to offer full-line solutions, particularly for the growing protein and ready-to-eat foods markets.
KEY QUOTE:
“Frigomeccanica brings complementary product expertise and extensive engineering capabilities to our food processing business. Recognized as a technology leader with solutions that offer operational efficiencies, Frigomeccanica advancements allow customers to extend product shelf life and deliver premium food quality to address the growing global demand for protein food sources. We expect to capitalize on growth opportunities, leveraging the extensive Middleby customer base and our well-established global sales footprint. Our significant Italian and European manufacturing capabilities of complementary brands and products support strong synergies within the group. In addition, the acquisition further strengthens our ability to provide long term shareholder value in the food processing business after the spinoff is completed in 2026.”
Tim FitzGerald, Middleby CEO
