The Middleby Corporation announced the acquisition of Globe Food Equipment Company, a leading brand in slicers and mixers for the commercial foodservice industry. Based in Dayton, Ohio, the company has approximately $50 million in annual sales. “Globe is a trusted leader in food preparation products known for performance, reliability, value, and reducing operator’s costs. The Globe family of products has been recognized as “Best in Class” by foodservice industry equipment dealers and complements the existing Middleby leading commercial foodservice equipment brands,” said Selim A. Bassoul, Chairman and CEO of The Middleby Corporation. “The addition of the Globe product offering enhances Middleby’s position for further expansion into the growing retail market segment. Additionally, through Middleby’s existing customer relationships and international infrastructure we anticipate Globe can realize further growth in new markets.” – Source: The Middleby Corporation.
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