The Middleby Corp. acquires Danfotech Inc.
Selim A. Bassoul, Middleby chairman and CEO, said, “With this acquisition, we further broaden our innovative product offering to our food processing customers. The Danfotech line of products complements our existing portfolio of products under the Alkar, Cozzini, MP Equipment and Rapidpak brands. This acquisition further extends our ability to offer unique processing solutions that improve the efficiency and reduce costs of our customers processing operations. We believe there are opportunities to significantly increase revenues of the Danfotech products by leveraging the strength of our existing sales infrastructure and strong customer relationships.”