ELGIN, Ill.--(BUSINESS WIRE)--Aug. 31, 2017--
The Middleby Corporation (NASDAQ:MIDD) today announced the acquisition
of QualServ Solutions, LLC (QualServ), a global commercial kitchen
design, manufacturing, engineering, project management and equipment
solutions provider. QualServ, based in Fort Smith, Ark., has annual
revenues of $100 million.
“QualServ is a respected industry leader providing a unique set of
services and equipment solutions for the commercial foodservice
equipment industry. This acquisition expands the Middleby product
offerings to include kitchen fabrication, and will allow us to provide
integrated equipment solutions with our existing portfolio of brands and
products,” said Selim A. Bassoul, Chairman and CEO. “The addition of
QualServ will also enable us to further expand the services we provide
to our global restaurant chain customers. These customers want
logistical and engineering solutions in both the back and front of the
restaurant and with QualServ we have the ability to provide advanced
data analytics and broader services beyond equipment sales. QualServ has
grown substantially over the past few years and combined with Middleby
we anticipate growth through expansion of their capabilities into
international markets by leveraging Middleby’s global footprint.”
QualServ delivers “Store-in-a-Box” solutions by providing comprehensive
design and turn-key solutions to customers in the foodservice, retail,
and convenience store industries.
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®,
Giga®, Goldstein®, Holman®, Houno®, IMC®, Induc®, Jade®, Lang®, Lincat®,
MagiKitch'n®, Market Forge®, Marsal®, Middleby Marshall®, MPC®, Nieco®,
Nu-Vu®, PerfectFry®, Pitco Frialator®, QualServ®, Southbend®, Star®,
Sveba Dahlen®, 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®, Glimek®,
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170831006471/en/
Source: The Middleby Corporation
The Middleby Corporation
Darcy Bretz, (847) 429-7756