The Middleby Corporation has acquired Synesso, a Seattle designer-manufacturer of semi-automatic espresso machines for commercial use.
Synesso creates energy efficient, low maintenance espresso machines, and has expanded quickly, reporting $10m in revenues.
Middleby develops and manufactures equipment used in commercial foodservice, food processing and residential kitchens.
Tim FitzGerald, CEO of Middleby, commented: “Synesso is a highly innovative brand and further expands our coffee and beverage platform. Middleby is well-positioned within the beverage category offering some of the most advanced equipment in today’s fast-growing coffee market.
“Our Seattle-based coffee companies are able to provide operators with a variety of sought-after options including automated bean to cup, cold brew, nitro brew, traditional carafe and now semi-automatic espresso.
“There are strong synergies between Synesso and our current U.S. coffee brands Concordia, JoeTap and SsBrewtech. Together, as a group, Middleby is a leader in the industry with coffee diversity and innovation.”
This is Middleby’s second acquisition announced in a matter of weeks. Read more here:
