MIDD Middleby Corporation

The Middleby Corporation Acquires Burford Corporation

The Middleby Corporation (NASDAQ:MIDD) today announced the acquisition of Burford Corporation, a leading manufacturer of industrial baking equipment. The company is based in Maysville, Oklahoma and has approximately $15 million in annual revenues.

“Burford is long-standing, respected brand known worldwide for their innovative baking solutions. The company has many patented technologies and is a leader in their industry,” said Selim A. Bassoul, Chairman and CEO of The Middleby Corporation. “Burford solutions are highly complementary to our existing bakery brands. Also, there are many synergies within our existing international sales and manufacturing infrastructure that will allow Burford to sell into new markets and expand their global presence.”

Burford product offerings include seed topping applicators, pan oiling and glazing equipment, splitting and dough imprinting equipment, bag closing machines and pan shakers.

The Middleby Corporation is a global leader in the foodservice equipment industry. The company develops, manufactures, markets and services a broad line of equipment used in the commercial foodservice, food processing, and residential kitchen equipment industries. The company's leading equipment brands serving the commercial foodservice industry include Anets®, Beech®, Blodgett®, Blodgett Combi®, Blodgett Range®, Bloomfield®, Britannia®, Carter-Hoffmann®, Celfrost®, Concordia®, CookTek®, CTX®, Desmon®, Doyon®, Eswood®, frifri®, Follett®, Giga®, Goldstein®, Holman®, Houno®, IMC®, Induc®, Jade®, Lang®, Lincat®, MagiKitch'n®, Market Forge®, Marsal®, Middleby Marshall®, MPC©, Nieco®, Nu-Vu®, PerfectFry®, Pitco Frialator®, Southbend®, Star®, Toastmaster®, TurboChef®, Wells® and Wunder-Bar®. The company’s leading equipment brands serving the food processing industry include Alkar®, Armor Inox®, Auto-Bake®, Baker Thermal Solutions®, Cozzini®, Danfotech®, Drake®, Maurer-Atmos®, MP Equipment®, RapidPak®, Spooner Vicars®, Stewart Systems® and Thurne®. The company’s leading equipment brands serving the residential kitchen industry include AGA®, AGA Cookshop®, Brigade®, Fired Earth®, Grange®, Heartland®, La Cornue®, Leisure Sinks®, Lynx®, Marvel®, Mercury®, Rangemaster®, Rayburn®, Redfyre®, Sedona®, Stanley®, Turbochef®, U-Line® and Viking®. For more information about The Middleby Corporation and the company brands, please visit www.middleby.com.

EN
01/05/2017

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