The Middleby Corporation Completes Acquisition of Taylor Company | Financial Buzz

The Middleby Corporation Completes Acquisition of Taylor Company

The Middleby Corporation (NASDAQ:MIDD) announced today that it has
completed the acquisition of the Taylor Company from UTC Climate,
Controls & Security, a unit of United Technologies for $1.0 billion.
Taylor is a world leader in beverage solutions, soft serve and ice cream
dispensing equipment, frozen drink machines, and automated double-sided
grills.

Middleby previously announced it had agreed to acquire the Taylor
Company on May 18, 2018. More information on the acquisition can be
found in a presentation entitled “Taylor Acquisition Overview” on the
Investor Relations page at www.middleby.com.

ABOUT THE MIDDLEBY CORPORATION

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®, Bear Varimixer®, Beech®, Blodgett®, Blodgett Combi®,
Blodgett Range®, Bloomfield®, Britannia®, Carter-Hoffmann®, Celfrost®,
Concordia®, CookTek®, CTX®, Desmon®, Doyon®, Eswood®, frifri®, Follett®,
Firex®, Giga®, Globe®, Goldstein®, Holman®, Houno®, IMC®, Induc®, Jade®,
JoeTap®, Josper®, L2F®, Lang®, Lincat®, MagiKitch’n®, Market Forge®,
Marsal®, Middleby Marshall®, MPC®, Nieco®, Nu-Vu®, PerfectFry®, Pitco
Frialator®, QualServ®, Southbend®, Star®, Sveba Dahlen®, Taylor®,
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®, Burford®, Cozzini®,
CVP Systems®, Danfotech®, Drake®, Emico®, Glimek®, Hinds-Bock®,
Maurer-Atmos®, MP Equipment®, RapidPak®, Scanico®, Spooner Vicars®,
Stewart Systems®, Thurne® and Ve.Ma.C.®. 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

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