About This Deal

The Middleby Corporation acquired Crown Food Service Equipment, Ltd. for approximately $42.0 million, a transaction completed in December 2018, structured as all cash.

Crown Food Service Equipment, Ltd. operates in Commercial Foodservice, is based in Toronto, Canada. Crown is a leading designer and manufacturer of steam cooking equipment for the commercial foodservice industry, located in Toronto, Canada.

Expanded steam-cooking capacity and the Canadian footprint.

Deal Terms

Acquirer
The Middleby Corporation
Target
Crown Food Service Equipment, Ltd.
Value
Approximately $42.0 million
Date
December 2018
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Toronto, Canada
Segment
Commercial Foodservice
Structure
All cash
Closed
December 3, 2018

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

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