About This Deal

The Middleby Corporation acquired GBT GmbH Bakery Technology, a transaction announced in February 2024, structured as Acquisition.

GBT GmbH Bakery Technology operates in Food Processing, is based in Germany. GBT, based in Luenen, Germany, engineers and manufactures high-grade industrial baking and bread lines, with annual revenues of about 10 million euros. Middleby acquired it to expand its industrial baking platform.

Deepens Middleby's Food Processing industrial baking capabilities.

Deal Terms

Acquirer
The Middleby Corporation
Target
GBT GmbH Bakery Technology
Value
Not disclosed
Date
February 2024
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Germany
Segment
Food Processing
Structure
Acquisition
Announced
February 7, 2024

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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