About This Deal

The Middleby Corporation acquired Firex S.r.l. for approximately $53.7 million, a transaction completed in April 2018, structured as all cash.

Firex S.r.l. operates in Commercial Foodservice, is based in Sedico, Italy. Firex is a leading manufacturer of steam cooking equipment for the commercial foodservice industry, located in Sedico, Italy.

Added European steam-cooking technology to the commercial platform.

Deal Terms

Acquirer
The Middleby Corporation
Target
Firex S.r.l.
Value
Approximately $53.7 million
Date
April 2018
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Sedico, Italy
Segment
Commercial Foodservice
Structure
All cash
Closed
April 27, 2018

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

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