Middleby Acquires Frigomeccanica for Undisclosed Terms, Expands Food Processing Business

Middleby has acquired Frigomeccanica, an Italian company with annual revenues of $30M, for undisclosed terms. Frigomeccanica brings complementary products and engineering capabilities to Middleby's food processing business, offering operational efficiencies and premium food quality. The acquisition is expected to capitalize on growth opportunities and strengthen Middleby's ability to provide long-term shareholder value in the food processing business after its spinoff in 2026.

The Middleby Corporation (NASDAQ: MIDD), a leading global manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, has announced the acquisition of Frigomeccanica S.p.A. This acquisition, which was completed on July 30, 2025, is expected to significantly enhance Middleby's offerings in the food processing sector, particularly for the growing protein industry.

Frigomeccanica, based in Parma, Italy, specializes in equipment solutions for drying, defrosting, fermentation, refrigeration, and preservation. With annual revenues of $30 million, the company brings complementary product expertise and extensive engineering capabilities to Middleby's food processing business. According to Tim FitzGerald, CEO of Middleby, Frigomeccanica's solutions offer operational efficiencies and allow customers to extend product shelf life while delivering premium food quality [1].

The acquisition aligns with Middleby's strategic goals to capitalize on growth opportunities in the protein food industry, a sector where demand is increasing globally. Frigomeccanica's expertise in dried meats, cured ham, and ready-to-eat foods complements Middleby's existing offerings, providing customers with full-line solutions [2].

The acquisition is part of Middleby's broader strategy to strengthen its position in the food processing business. By leveraging the extensive Middleby customer base and its well-established global sales footprint, the company aims to create synergies and provide long-term shareholder value. Additionally, Middleby's significant Italian and European manufacturing capabilities will support the integration of Frigomeccanica's products and technologies [1].

The acquisition is expected to support Middleby's plans to complete its food processing spinoff in 2026, further enhancing its ability to deliver long-term value to shareholders. For more information on Frigomeccanica, please visit www.frigomeccanica.it [1].

References:
[1] https://www.businesswire.com/news/home/20250730232240/en/Middleby-Acquires-Frigomeccanica-S.p.A
[2] https://seekingalpha.com/news/4476489-middleby-buys-frigomeccanica