UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): April
22, 2008
THE MIDDLEBY
CORPORATION
(Exact
Name of Registrant as Specified in its Charter)
Delaware |
1-9973 |
36-3352497 |
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
1400 Toastmaster Drive, Elgin, Illinois |
60120 |
|
(Address of Principal Executive Offices) | (Zip Code) |
(847) 741-3300
(Registrant’s
telephone number, including area code)
N/A
(Former
Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01. |
Regulation FD Disclosure. |
On April 22, 2008, The Middleby Corporation issued a press release announcing it acquired Giga Grandi Cucine, S.r.l for 12.9 million Euro. A copy of that press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.
The information furnished pursuant to this Current Report on Form 8-K
(including the exhibit hereto) shall not be considered "filed" under the
Securities Exchange Act of 1934, as amended, nor shall it be
incorporated by reference into future filings by the Company under the
Securities Act of 1933, as amended, or under the Securities Exchange Act
of 1934, as amended, unless the Company expressly sets forth in such
future filing that such information is to be considered "filed" or
incorporated by reference therein.
Item 9.01. |
Financial Statements and Exhibits. |
|
(c) Exhibits. |
||
Exhibit No. |
Description |
|
Exhibit 99.1 | Press release dated April 22, 2008 of The Middleby Corporation. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
THE MIDDLEBY CORPORATION |
|||
|
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Dated: |
April 22, 2008 | By: |
/s/ Timothy J. FitzGerald |
Timothy J. FitzGerald |
|||
Vice President and |
|||
Chief Financial Officer |
Exhibit Index
Exhibit No. |
Description |
|
Exhibit 99.1 |
The Middleby Corporation press release dated April 22, 2008 |
Exhibit 99.1
The
Middleby Corporation Acquires Giga Grandi Cucine,
a
Leading European Supplier of Cooking Equipment
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ:MIDD) today announced it has acquired Giga Grandi Cucine, S.r.l (“Giga”) for 12.9 million Euro, including 6.2 million Euro paid in cash at closing, 3.4 million of deferred payments due to the sellers, and 3.3 million Euro in assumed debt. Giga is a leading European manufacturer of a broad line of commercial cooking equipment, including ranges, ovens and steam cooking equipment. This business, located in Florence, Italy has annual revenues of approximately 15 million Euro. This acquisition expands Middleby’s platform of cooking equipment designed for the international markets.
Selim A. Bassoul, Chairman and Chief Executive Officer, commented “We are pleased to add Giga to our portfolio of leading brands in commercial cooking equipment. This acquisition provides us with a European style product line of cooking equipment to compliment our U.S. brands as we continue to grow our global market share. The Giga brand has grown rapidly over the past few years due to its unique design and its superior product performance. Middleby is in a position to accelerate growth of this premium product line through our unique international infrastructure.”
Statements in this press release or otherwise attributable to the Company regarding the Company's business, which are not historical fact, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company cautions investors that such statements are estimates of future performance and are highly dependent upon a variety of important factors that could cause actual results to differ materially from such statements. Such factors include variability in financing costs; quarterly variations in operating results; dependence on key customers; international exposure; foreign exchange and political risks affecting international sales; changing market conditions; the impact of competitive products and pricing; the timely development and market acceptance of the Company's products; the availability and cost of raw materials; and other risks detailed herein and from time-to-time in the Company's SEC filings.
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 for commercial food cooking, preparation and processing. The company's leading equipment brands serving the commercial foodservice industry include Blodgett®, Blodgett Combi®, Blodgett Range®, Bloomfield®, Carter Hoffman®, CTX®, Holman®, Houno®, Jade®, Lang®, MagiKitch'n®, Middleby Marshall®, Nu-Vu®, Pitco Frialator®, Southbend®, Star®, Toastmaster®, and Wells®. The company’s leading equipment brands serving the food processing industry include Alkar®, MP Equipment®, and RapidPak®. The Middleby Corporation was recognized by Business Week as one of the Top 100 Hot Growth Companies of 2007, by Crain’s Chicago Business as one of the Fastest 50 Growth Companies in 2007, and by Forbes as one of the Best Small Companies in 2007.
For more information about The Middleby Corporation and the company brands, please visit www.middleby.com.
CONTACT:
The Middleby Corporation
Darcy Bretz, Investor and Public
Relations,
(847) 429-7756
or
Tim Fitzgerald, Chief Financial
Officer,
(847) 429-7744