Acquiring Company
The Middleby Corporation
Acquired Company
GBT GmbH Bakery Technology
Elgin
LünenManufacturingFood and BeverageFood ProcessingFood ProductionDescription
The Middleby Corporation has acquired GBT GmbH Bakery Technology, a company based in Lünen, Germany, specializing in high-grade industrial baking and bread lines. This acquisition is set to strengthen Middleby's European presence in large scale baking by integrating GBT's customizable equipment and broad knowledge of full line bakery solutions. The addition of GBT innovation to Middleby's existing bakery portfolio will expand its offerings and customer base with new full line solutions.
Quick answer
The Middleby Corporation is acquiring GBT GmbH Bakery Technology, announced February 7, 2024. The Middleby Corporation is based in Elgin, Illinois, United States.
- How much did The Middleby Corporation pay for GBT GmbH Bakery Technology?
- The deal value was not disclosed.
- What does The Middleby Corporation do?
- The Middleby Corporation is a global leader in the foodservice equipment industry.
- Where are The Middleby Corporation and GBT GmbH Bakery Technology based?
- The Middleby Corporation is based in Elgin, Illinois, United States. GBT GmbH Bakery Technology is based in Lünen, North Rhine-Westphalia, Germany.
- Who are the decision-makers at The Middleby Corporation?
- Fundz holds 5 contacts at The Middleby Corporation. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired GBT GmbH Bakery Technology?
GBT GmbH Bakery Technology was acquired by The Middleby Corporation, based in Elgin. The deal was reported on February 7, 2024. The Middleby Corporation is a global leader in the foodservice equipment industry. The Middleby Corporation is publicly traded (MIDD) and operates in Manufacturing.
When did The Middleby Corporation acquire GBT GmbH Bakery Technology?
The Middleby Corporation's acquisition of GBT GmbH Bakery Technology was reported on February 7, 2024. The Middleby Corporation has acquired GBT GmbH Bakery Technology, a company based in Lünen, Germany, specializing in high-grade industrial baking and bread lines. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does GBT GmbH Bakery Technology do?
At the locations, Villingen-Schwenningen and Lünen, GBT build plants for customers from all over the world. It is privately held, operating in Food Production, and is based in Lünen.
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