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Middleby announces acquisition of Ss Brewtech

Middleby

The Middleby Corporation has continued its expansion efforts with the purchase of Ss Brewtech.

The California-based firm, founded in 2013, is a leader in the professional craft brewing and beverage equipment industry, and is worth $20 million in annual revenues.

It is the latest in a spate of acquisitions for Middleby, including the purchase of Cooking Solutions Group from Standex in February and Powerhouse Dynamics in April.

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Speaking about the latest acquisition, the firm’s CEO, Tim FitzGerald, said: “Ss Brewtech provides a best-in-class craft brewing platform, enhancing our current beverage portfolio. Craft brewing, including on-site brewing in bars and restaurants, is growing in popularity and Ss Brewtech is well-positioned to benefit from this trend.”

He continued: “The company has developed exclusive technology and a standardized platform allowing operators to install and operate equipment with minimal setup and training, while delivering superior beverage control and quality.

“Ss Brewtech is a recognized and respected brand offering a differentiated value proposition for operators. We believe there are significant opportunities to leverage existing Middleby customer relationships and global distribution channels for future growth opportunities.”

Tags : acquisitionMiddleby CorporationSs Brewtech
Patrick Cremona

The author Patrick Cremona

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