TC

The Middleby Corporation

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Market Research Report: The Middleby Corporation



Company Overview



  • Name: The Middleby Corporation

  • Mission: To provide customers with the most advanced industry solutions for commercial, residential, or industrial applications, while promoting community interaction, sustainability, and excellence.

  • Founded: No information is available

  • Founders: No information is available

  • Key People:

  • Tim FitzGerald, CEO

  • Anne Puricelli, President of Middleby Residential Distribution, N.A.

  • Eric Cruse, President of Baker Thermal Solutions

  • Philip Dei Dolori, Interim President of Pitco

  • Headquarters: Elgin, Illinois, USA

  • Number of Employees: No information is available

  • Revenue:

  • Revenue of $1,007 million for the third quarter of 2024

  • Known For: Leading innovation in commercial, residential, and industrial foodservice solutions, supported by strategic acquisitions and a strong commitment to sustainability.


Products



Commercial Foodservice



1. Fryers: Commercial deep fryers for restaurants, achieving balance in crispy exteriors and moist interiors.
2. Ice Cream Machines: Essential for profitability in fast food and convenience stores.
3. Induction Cooking: Energy-efficient induction cooktops for professional use.
4. Pizza Ovens: Varied options of pizza ovens catering to diverse restaurant needs.
5. Commercial Ranges: Gas and electric models for various cooking needs.
6. Rapid Cooking Ovens: For fast cooking without compromising taste.
7. Commercial Refrigeration: Products include wine chillers, refrigerated bases, and more.
8. Robotics: Automate food preparation with precision and efficiency.
9. Ware Washers: Efficient dishwashing equipment promoting sustainability.

Residential



1. Outdoor Cooking: Premium grills and refrigeration systems for outdoor use.
2. Residential Ovens: Luxury ovens enhancing home kitchen performance and style.
3. Wine Chillers: Provide ideal storage for connoisseur needs.
4. Home Brewing: Kits for beginners to craft professional brews.
5. Induction Cooktops: Energy-efficient and high-performing for home kitchens.

Food Processing



1. Dough Handling: Solutions for all dough processing needs.
2. Automation: Cost-effective systems to maximize efficiency.
3. Industrial Ovens: Custom-designed for flexibility and consistency.
4. Thermal Processing: Cutting-edge technology for flavorful products.
5. Chillers: Space-saving solutions for faster chilling times.

Recent Developments



Acquisitions



1. Emery Thompson: Acquired to enhance frozen dessert equipment offerings.
2. JC Ford: Acquisition bolstering tortilla production capabilities.
3. Various Other Acquisitions: Includes GBT GmbH, Trade-Wind Manufacturing, and more.

Key Personnel Changes



1. Philip Dei Dolori: Named Interim President of Pitco.
2. Anne Puricelli: Promoted to President of Middleby Residential Distribution, N.A.
3. Eric Cruse: Appointed President of Baker Thermal Solutions.

Product Innovations



1. RapidBake Oven: A new impingement microwave oven with faster bake times.
2. Bluezone: Air purification systems for enhanced indoor air quality.

Partnerships and Sustainability Initiatives



  • Partnerships: Recent partnership with the American Red Cross.

  • Sustainability: Continued emphasis on sustainable engineering and eco-friendly solutions.


This detailed report highlights the extensive product offerings and recent strategic initiatives of The Middleby Corporation. As a leader in innovation across the foodservice industry, Middleby continues to strengthen its market presence through strategic acquisitions, product development, and a commitment to sustainability and community engagement.