About This Deal

The Middleby Corporation acquired Cooking Solutions Group (from Standex International) for approximately $106.1 million, a transaction completed in April 2019, structured as all cash. The deal was a Carve-out.

Cooking Solutions Group (from Standex International) operates in Commercial Foodservice, is based in Texas, South Carolina and Mexico. Middleby acquired Cooking Solutions Group, Inc. from Standex International Corporation, consisting of the brands APW Wyott, Bakers Pride, BKI and Ultrafryer, serving the commercial foodservice industry.

Added several established commercial cooking and warming brands via a carve-out from Standex.

Deal Terms

Acquirer
The Middleby Corporation
Target
Cooking Solutions Group (from Standex International)
Value
Approximately $106.1 million
Date
April 2019
Type
Carve-out
Status
Ready

Transaction Details

Target HQ
Texas, South Carolina and Mexico
Segment
Commercial Foodservice
Structure
All cash
Closed
April 1, 2019

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

See how Top Bucket AI works for your firm

Request Demo
Top Bucket AI Research

Stay ahead of private markets

Research and market intelligence for private-markets professionals.

✓

You're subscribed.

Thanks for signing up.