Under activist pressure to boost its stock, the remaining company will focus on commercial food service and residential kitchens.
Post separation, Middleby RemainCo will include the Commercial Food Service and Residential Kitchen Equipment businesses, while Middleby Food Processing (Spin-Off) includes the food processing ...
Middleby Food Processing will enter the market with a portfolio of end-to-end solutions for industrial protein, bakery and ...
ELGIN, ILL. – The Middleby Corp. announced on Feb. 25 that it plans split part of its food processing business into a standalone public company. The spin-off is expected to be finalized by early 2026.