Middleby Corp. (MIDD) announced the acquisition of Stewart Systems Global, LLC, a manufacturer of baking systems for the food processing industry with annual revenues of approximately $30 million.
"This addition is highly complementary to our recent acquisitions of Auto-Bake and Baker Thermal Solutions. We are providing customers a broader portfolio of patented technologies and an integrated baking system," said Selim Bassoul, Chairman and CEO of the Middleby.
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