EX-99.1
2
a18-15838_1ex99d1.htm
EX-99.1
Exhibit 99.1
THE MIDDLEBY CORPORATION
1400 Toastmaster Drive, Elgin, Illinois 60120
·
(847) 741-3300
The Middleby Corporation Completes Acquisition of Taylor Company
Elgin, Ill. (June 22, 2018) - The Middleby Corporation (NASDAQ:MIDD) announced today that it has completed the acquisition of the Taylor Company from UTC Climate, Controls & Security, a unit of United Technologies for $1.0 billion. Taylor is a world leader in beverage solutions, soft serve and ice cream dispensing equipment, frozen drink machines, and automated double-sided grills.
Middleby previously announced it had agreed to acquire the Taylor Company on May 18, 2018. More information on the acquisition can be found in a presentation entitled "Taylor Acquisition Overview" on the Investor Relations page at www.middleby.com.
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®, Firex®, Giga®, Globe®, Goldstein®, Holman®, Houno®, IMC®, Induc®, Jade®, JoeTap®, Josper®, L2F®, Lang®, Lincat®, MagiKitch'n®, Market Forge®, Marsal®, Middleby Marshall®, MPC®, Nieco®, Nu-Vu®, PerfectFry®, Pitco Frialator®, QualServ®, Southbend®, Star®, Sveba Dahlen®, Taylor®, 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®, Emico®, Glimek®, Hinds-Bock®, Maurer-Atmos®, MP Equipment®, RapidPak®, Scanico®, Spooner Vicars®, Stewart Systems®, Thurne® and Ve.Ma.C.®. 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
Contact: Darcy Bretz, Investor and Public Relations, (847) 429-7756

EX - 99 . 1 2 a18 - 15838 _ 1ex99d1 . htm EX - 99 . 1 Exhibit 99 . 1 THE MIDDLEBY CORPORATION 1400 Toastmaster Drive , Elgin , Illinois 60120 · ( 847 ) 741 - 3300 The Middleby Corporation Completes Acquisition of Taylor Company Elgin , Ill . ( June 22 , 2018 ) - The Middleby Corporation ( NASDAQ : MIDD ) announced today that it has completed the acquisition of the Taylor Company from UTC Climate , Controls & Security , a unit of United Technologies for $ 1.0 billion . Taylor is a world leader in beverage solutions , soft serve and ice cream dispensing equipment , frozen drink machines , and automated double - sided grills . Middleby previously announced it had agreed to acquire the Taylor Company on May 18 , 2018 . More information on the acquisition can be found in a presentation entitled " Taylor Acquisition Overview " on the Investor Relations page at www.middleby.com . 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 ® , Firex ® , Giga ® , Globe ® , Goldstein ® , Holman ® , Houno ® , IMC ® , Induc ® , Jade ® , JoeTap ® , Josper ® , L2F ® , Lang ® , Lincat ® , MagiKitch ' n ® , Market Forge ® , Marsal ® , Middleby Marshall ® , MPC ® , Nieco ® , Nu - Vu ® , PerfectFry ® , Pitco Frialator ® , QualServ ® , Southbend ® , Star ® , Sveba Dahlen ® , Taylor ® , 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 ® , Emico ® , Glimek ® , Hinds - Bock ® , Maurer - Atmos ® , MP Equipment ® , RapidPak ® , Scanico ® , Spooner Vicars ® , Stewart Systems ® , Thurne ® and Ve . Ma . C . ® . 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 Contact : Darcy Bretz , Investor and Public Relations , ( 847 ) 429 - 7756