The Middleby Corporation Acquires Icetro
June 30, 2022
The Middleby Corporation (NASDAQ: MIDD) has acquired Icetro, a South Korea–headquartered maker of commercial ice, soft serve and slush machines with approximately $40 million in annual sales and U.S. operations in Anaheim, California. The acquisition expands Middleby’s beverage and ice equipment portfolio and strengthens its Asian manufacturing footprint to better support global foodservice customers.
- Buyers
- The Middleby Corporation
- Targets
- Icetro
- Industry
- Manufacturing
- Location
- Incheon, South Korea
- Transaction Type
- Buyout
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