About This Deal

The Middleby Corporation acquired Sveba Dahlen Group for $81.4 million, a transaction completed in June 2017, structured as all cash.

Sveba Dahlen Group operates in Commercial Foodservice, is based in Fristad, Sweden. Sveba Dahlen is a developer and manufacturer of ovens and baking equipment for the commercial foodservice and industrial baking industries, headquartered in Fristad, Sweden.

Added a European baking-equipment leader to the commercial and industrial baking lineup.

Deal Terms

Acquirer
The Middleby Corporation
Target
Sveba Dahlen Group
Value
$81.4 million
Date
June 2017
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Fristad, Sweden
Segment
Commercial Foodservice
Structure
All cash
Closed
June 30, 2017

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

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