About This Deal

The Middleby Corporation acquired Synesso, a transaction announced in December 2019, structured as Acquisition.

Synesso operates in Commercial Foodservice, is based in United States. Synesso, based in Seattle, designs and manufactures semi-automatic espresso machines for the commercial market, with about $10 million in revenues. Middleby acquired it to expand its beverage offering.

Adds premium commercial espresso equipment to Middleby's beverage platform.

Deal Terms

Acquirer
The Middleby Corporation
Target
Synesso
Value
Not disclosed
Date
December 2019
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States
Segment
Commercial Foodservice
Structure
Acquisition
Announced
December 2, 2019

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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