About This Deal

The Middleby Corporation acquired Packaging Progressions, Inc. (Pacproinc), a transaction announced in July 2019, structured as Acquisition.

Packaging Progressions, Inc. (Pacproinc) operates in Food Processing, is based in United States. Packaging Progressions (Pacproinc), based in Souderton, Pennsylvania, provides food-processing interleaving and packaging equipment, with about $30 million in annual revenues. Middleby acquired it for its Food Processing group.

Adds interleaving and packaging technology to Middleby Food Processing.

Deal Terms

Acquirer
The Middleby Corporation
Target
Packaging Progressions, Inc. (Pacproinc)
Value
Not disclosed
Date
July 2019
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States
Segment
Food Processing
Structure
Acquisition
Announced
July 16, 2019

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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