Middleby reports record Q4 results
The Middleby Corporation’s year-over-year revenue increased by 19.1%, reaching USD 1,032 million in the fourth quarter of 2022, the company’s financial results show.
The Middleby Corporation’s year-over-year revenue increased by 19.1%, reaching USD 1,032 million in the fourth quarter of 2022, the company’s financial results show.
The Middleby Corporation acquired Escher Mixers, the Italian manufacturer of spiral and planetary mixers for the industrial baking industry.
Middleby Corporation partnered with Vyv to provide baking equipment that comes equipped with antimicrobial LED technology, a continuous hygiene solution based on UV-free, visible light that safely offers protection against bacteria, viruses, mold, fungi, yeasts and other microorganisms.
The Middleby Corporation announced the acquisition of Colussi Ermes, a manufacturer of automated washing solutions for the food processing industry.
The protective screens for Varimixer’s planetary mixers are now made of stainless steel. Elongated viewing windows give a clear view of the condition of the batter.
The Middelby Bakery Group will be present at the iba trade fair with Stewart Systems, Burford Corp, Baker Thermal, Auto-Bake, Hinds-Block, Sveba-Dahlen, Scanico and Varimixer.
The next generation make-up line from Stewart Systems will be on display. The new High Speed Bun Make-Up line offers a variety of improvements. The most notable development is the detachable manifold assembly which can roll away and allow for easier cleaning.
The Middleby Bakery Group, with its primary US location in Plano, Texas is intent on more growth, including further acquisitions. The aim is for clients throughout the baking sector to be offered complete turnkey solutions for all their production needs.