The Middleby Corp - Company Profile
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The Middleby Corp (Middleby) designs, produces, and sells food processing, residential kitchen and food service equipment. The company is engaged in the design, manufacture, marketing, distribution, and service of foodservice equipment and food processing equipment. Middleby offers food preparation, cooking, warming, holding, baking, freezing, chilling, and packaging equipment for food processing operations. It also offers premium kitchen equipment, including ovens, wine cellars, outdoor cooking equipment, griddles, refrigerators, ventilation, ice machines, coffee and beverage dispensing equipment and dishwashers. The company offers its products under Escher, Drake, Wells, Bloomfield, Bakers Pride, Alkar, Anets, EVO, Escher, TurboChef, and Blodgett brand names. The company's products serve a diverse range of customers, including restaurants, retail outlets, and institutional kitchens. Middleby distributes and markets its products through a network of independent dealers, sales representatives, distributors, consultants, and agents and directly to the customers. The company has operations across the Americas, the Middle East, Europe and the Asia-Pacific. Middleby is headquartered in Elgin, Illinois, the US.
Headquarters
United States of America
Address
1400 Toastmaster Dr, Elgin, Illinois, 60120
Website
www.middleby.com
Telephone
1 302 6587581
No of Employees
4,309
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
MIDD (NASD)
Revenue (2024)
$3.2B
1.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-164.8%
(2024 vs 2023)
Market Cap*
$6.0B
Net Profit Margin (2024)
XYZ
-163.8%
(2024 vs 2023)
* As of and is in US$
The Middleby Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Commercial Foodservice Equipment: | - | - |
| Conveyor Ovens | Installation Services | Anets |
| Combi-Ovens | Technical Services | APW Wyott |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company entered into an agreement to sell a 51% stake in its Residential Kitchen business to affiliates of 26North Partners LP for US$885 million. |
| 2025 | New Products/Services | In September, the company launched its next-level B2B lead generation and quoting platform, shop.middleby.com. |
| 2025 | Acquisitions/Mergers/Takeovers | In August, the company acquired Oka-Spezialmaschinenfabrik GmbH & Co. KG. |
Competitor Comparison
| Key Parameters | The Middleby Corp | Berkshire Hathaway Inc | Midea Group Co Ltd | Haier Group | GEA Group AG |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | China | China | Germany |
| City | Elgin | Omaha | Foshan | Qingdao | Duesseldorf |
| State/Province | Illinois | Nebraska | Guangdong | Shandong | Nordrhein-Westfalen |
| No. of Employees | 4,309 | 387,800 | 198,570 | 146,000 | 18,628 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Timothy J. FitzGerald | Chief Executive Officer; Director | Executive Board | 2019 | 56 |
| Brittany Cerwin | Chief Financial Officer | Senior Management | 2026 | 42 |
| Steve P. Spittle | Chief Commercial Officer | Senior Management | 2021 | 45 |
| Matthew R. Fuchsen | Chief Development Officer | Senior Management | 2023 | 55 |
| James K. Pool III | Chief Technology and Operations Officer | Senior Management | 2021 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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