QUOTE AND NEWS
guardian.co.uk  Sep 3  Comment 
Illinois firm tells investors to be wary of rival bid for Aga Rangemaster The bidding war for Aga Rangemaster, the maker of cast-iron cookers, heated up as one of its US suitors, Middleby, urged the UK company’s shareholders to approve its...
Reuters  Sep 3  Comment 
* Confirms that it is continuing with its acquisition for AGA in line with timetable communicated on 17 August 2015
TheStreet.com  Sep 1  Comment 
NEW YORK (The Deal) -- Just as kitchen-equipment maker Middleby was warming itself in the glow from its planned £129 million ($198 million) acquisition of traditional English kitchen range maker AGA Rangemaster, rival U.S. kitchen...
Financial Times  Sep 1  Comment 
guardian.co.uk  Aug 14  Comment 
Aga Rangemaster reveals ‘marked change in attitude’ after May election, leading to 16.7% rise in operating profits in runup to Middleby takeover Upmarket consumers flocked to buy Aga cookers after the Tory election victory in May as they...
Motley Fool  Jul 18  Comment 
Are investors right to be so optimistic?




 
TOP CONTRIBUTORS


Middleby Corporation (NASDAQ: MIDD) is a leading manufacturer of commercial cooking equipment. The company has 17 offices worldwide and manufacturing facilities in Illinois, North Carolina, Vermont, New Hampshire, Michigan, Wisonsin, Georgia, Denmark and the Philipines. Middleby has over 1,600 employees and is headquartered in Chicago, Illinois.

Key Company Highlights

Operating Segments

  • Food Processing Equipment (15% of sales)
  • Commercial Food Service Equipment (85% of sales)

Industry Outlook and Growth Plans

The commercial cooking market is in excess of $3 billion and is highly fragmented. The food processing equipment market is in excess of $1.5 billion and is also highly fragmented. Middleby plans to focus on premier customer relationships and superior technology. The company plans to grow through new product offerings, acquisitions, and international expansion.[2]

References
1. Investor Presentation, Baird Industrial Conference, Nov. 6, 2007
2. Investor Presentation, Biard Industrial Conference, Nov. 6, 2007

References

  1. MIDD
  2. MIDD
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