The Middleby Corp - Company Profile

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The Middleby Corp (Middleby) designs, produces and sells food processing, residential kitchen and foodservice equipment. The company distributes foodservice equipment used in all types of commercial restaurants and institutional kitchens; food preparation, cooking, warming, holding, baking, freezing, chilling, and packaging equipment for food processing operations. It also offers premium kitchen equipment, including ovens, griddles, refrigerators, ventilation, wine cellars, outdoor cooking equipment, ice machines, coffee and beverage dispensing equipment and dishwashers primarily used in the residential market. Middleby distributes and markets its products through a network of independent dealers, distributors, consultants, sales representatives, and agents and directly to the customers. The company has operations in North America, Europe, Asia, the Middle East, and Latin America. Middleby is headquartered in Elgin, Illinois, the US.

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Headquarters United States of America

Address 1400 Toastmaster Dr, Elgin, Illinois, 60120-9274


Telephone 1 847 7413300

No of Employees 5,001

Industry Consumer Packaged Goods

Ticker Symbol & Exchange MIDD (NASD)

Revenue (2023) $4.0B 24.1% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ -8.2% (2023 vs 2022)

Market Cap* $7.8B

Net Profit Margin (2023) XYZ -8.3% (2023 vs 2022)

* As of and is in US$
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The Middleby Corp premium industry data and analytics

1

Product Launch Analytics

Analyze latest product launches for innovation and product strategies.

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on The Middleby Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Air Purification Installation :
Bakery Repair Alkar
Beer Brewing Tech Armor Inox
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In February, the company entered into a partnership with Fresco to provide connected cooking experiences across the Middleby portfolio of residential brands.
2024 Acquisitions/Mergers/Takeovers In February, the company announced the acquisition of GBT GmbH Bakery Technology.
2023 Contracts/Agreements In September, the company expanded its partnership with Davisware to extend the benefits of global warranty.
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Competitor Comparison

Key Parameters The Middleby Corp Samsung Electronics Co Ltd Panasonic Holdings Corp Midea Group Co Ltd Whirlpool Corp
Headquarters United States of America South Korea Japan China United States of America
City Elgin Suwon Kadoma-Shi Foshan Benton Harbor
State/Province Illinois Seoul Osaka Guangdong Michigan
No. of Employees 5,001 98,557 233,391 166,243 59,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Gordon O'Brien Chairman Executive Board 2019 57
Timothy J. FitzGerald Director; Chief Executive Officer Executive Board 2019 53
Bryan E. Mittelman Chief Financial Officer Senior Management 2019 52
Brittany Cerwin Chief Accounting Officer Senior Management 2023 -
Matthew Fuchsen Chief Development Officer Senior Management 2023 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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