The Middleby Corporation Acquires Deutsche Beverage Technology
March 2, 2020
The Middleby Corporation (NASDAQ: MIDD) has acquired Deutsche Beverage Technology, a Charlotte, North Carolina–based designer and manufacturer of beverage brewing and processing systems with approximately $40 million in annual revenue. Middleby said the acquisition complements its recent Ss Brewtech purchase and will accelerate product development while leveraging the sales capabilities of its beverage brands.
- Buyers
- The Middleby Corporation
- Targets
- Deutsche Beverage Technology
- Industry
- Food & Beverage
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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