The Middleby Corporation, through its operating subsidiary Middleby Marshall
Inc. (“Middleby Marshall”) and its subsidiaries, is a leader in
the design, manufacture, marketing, distribution, and service of a broad line
of (i) foodservice equipment used in all types of commercial restaurants and
institutional kitchens, (ii) food preparation, cooking, baking, chilling and
packaging equipment for food processing operations, and (iii) premium kitchen
equipment including ranges, ovens, refrigerators, ventilation and dishwashers
primarily used in the residential market.
Founded in 1888 as a manufacturer of baking ovens, Middleby Marshall Oven Company
was acquired in 1983 by TMC Industries Ltd., a publicly traded company that
changed its name in 1985 to The Middleby Corporation. The company has established
itself as a leading provider of (i) commercial restaurant equipment, (ii) food
processing equipment and (iii) residential kitchen equipment as a result of
its acquisition of industry leading brands and through the introduction of innovative
products within each of these segments.
The company conducts its business through three principal business segments:
the Commercial Foodservice Equipment Group, the Food Processing Equipment Group
and the Residential Kitchen Equipment Group. See Note 10 to the Consolidated
Financial Statements for further information on the companys business segments.
The Commercial Foodservice Equipment Group has a broad portfolio of foodservice
equipment, which enable it to serve virtually any cooking or warming application
within a commercial kitchen or foodservice operation. This cooking and warming
equipment is used across all types of foodservice operations, including quick-service
restaurants, full-service restaurants, convenience stores, retail outlets, hotels
and other institutions.
The Food Processing Equipment Group offers a broad portfolio of processing
solutions for customers producing pre-cooked meat products, such as hot dogs,
dinner sausages, poultry and lunchmeats and baked goods such as muffins, cookies
and bread. Through its broad line of products, the company is able to deliver
a wide array of cooking solutions to service a variety of food processing requirements
demanded by its customers. The company can offer highly integrated solutions
that provide a food processing operation a uniquely integrated solution providing
for the highest level of food quality, product consistency, and reduced operating
costs resulting from increased product yields, increased capacity, greater throughput
and reduced labor costs though automation.
The Residential Kitchen Equipment Group manufactures, sells and distributes
kitchen equipment for the residential market. Principal product lines of this
group are ranges, cookers, stoves, ovens, refrigerators, dishwashers, microwaves,
cooktops, refrigerators, wine coolers, ice machines, dishwashers, ventilation
equipment and outdoor equipment. These products are sold and marketed under
a portfolio of twenty-one brands, including AGA®, AGA Cookshop®, Brigade®,
Divertimenti®, Falcon®, Fired Earth®, Grange®, Heartland®,
La Cornue®, Leisure Sinks®, Lynx®, Marvel®, Mercury®, Rangemaster®,
Rayburn®, Redfyre®, Sedona®, Stanley®, TurboChef®, U-Line®
and Viking®.
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