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Stock impact report

Middleby Acquires Emery Thompson Frozen Dessert Equipment Company

The Middleby Corporation (MIDD) 
Last the middleby corporation earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: Business Wire
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Emery Thompson, a well-known, global brand in frozen dessert equipment. Located in Brooksville, Florida, the company has revenues of $10 million annually.“Emery Thompson is a highly respected, well-established brand that will greatly enhance our product offerings in the frozen dessert category. As gelato, frozen yogurt and custard, sorbet, hard ice cream, sherbet and Italian ice continue to gain popularity in the marketplace, Middleby will be well-positioned to address this customer demand,” said Tim FitzGerald, Middleby CEO. “There are many synergies between Emery Thompson and Taylor Company, a globally recognized Middleby brand. When we bring these brands to the market together, we expect there to be opportunities for sales growth for Emery Thompson through existing Middleby market channels and partners.”An industry-leading brand since 1905, Emery Thompson is known for its be Show less Read more
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