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The Middleby Corporation Completes Acquisition of Standex Cooking Solutions Group

April 1, 2019

ELGIN, Ill.--(BUSINESS WIRE)--Apr 1, 2019--The Middleby Corporation (NASDAQ: MIDD) today announced that it has completed the acquisition from Standex International Corporation (NYSE: SXI) of its Cooking Solutions Group.

“We are excited to add the APW Wyott®, Bakers Pride®, BKI® and Ultrafryer® brands to our Commercial Foodservice Group which allows us to expand the customers and markets which Middleby serves,” said Tim FitzGerald, CEO of The Middleby Corporation.

Middleby previously announced it had agreed to acquire the Standex Cooking Solutions Group on February 27, 2019.

For more information about the acquired brands please visit;

www.apwwyott.com

www.bakerspride.com

www.bkideas.com

www.ultrafryer.com

ABOUT THE MIDDLEBY CORPORATION

The Middleby Corporation is a global leader in the foodservice equipment industry. The company develops, manufactures, markets and services a broad line of equipment used in the commercial foodservice, food processing, and residential kitchen equipment industries. The company’s leading equipment brands serving the commercial foodservice industry include Anets®, APW Wyott®, Bakers Pride®, Bear Varimixer®, Beech®, BKI®, Blodgett®, Blodgett Combi®, Blodgett Range®, Bloomfield®, Britannia®, Carter-Hoffmann®, Celfrost®, Concordia®, CookTek®, Crown Food Equipment®, CTX®, Desmon®, Doyon®, Eswood®, EVO®, frifri®, Firex®, Follett®, Giga®, Globe®, Goldstein®, Holman®, Houno®, IMC®, Induc®, Jade®, JoeTap®, Josper®, L2F®, Lang®, Lincat®, MagiKitch’n®, Market Forge®, Marsal®, Middleby Marshall®, MPC®, Nieco®, Nu-Vu®, PerfectFry®, Pitco Frialator®, QualServ®, Southbend®, Star®, Sveba Dahlen®, Taylor®, Toastmaster®, TurboChef®, Ultrafryer®, Wells® and Wunder-Bar®. The company’s leading equipment brands serving the food processing industry include Alkar®, Armor Inox®, Auto-Bake®, Baker Thermal Solutions®, Burford®, Cozzini®, CVP Systems®, Danfotech®, Drake®, Emico®, Glimek®, Hinds-Bock®, Maurer-Atmos®, MP Equipment®, M-TEK®, RapidPak®, Scanico®, Spooner Vicars®, Stewart Systems®, Thurne® and Ve.Ma.C.®. The company’s leading equipment brands serving the residential kitchen industry include AGA® AGA Cookshop®, Fired Earth®, EVO®, Heartland®, La Cornue®, Leisure Sinks®, Lynx®, Marvel®, Mercury®, Rangemaster®, Rayburn®, Redfyre®, Sedona®, Stanley®, TurboChef®, U-Line® and Viking®.

For more information about The Middleby Corporation and the company brands, please visit www.middleby.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190401005953/en/

Darcy Bretz (847) 429.7756 ordbretz@middleby.com

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS

INDUSTRY KEYWORD: RESTAURANT/BAR MANUFACTURING OTHER MANUFACTURING RETAIL FOOD/BEVERAGE OTHER RETAIL

SOURCE: The Middleby Corporation

Copyright Business Wire 2019.

PUB: 04/01/2019 07:20 PM/DISC: 04/01/2019 07:20 PM

http://www.businesswire.com/news/home/20190401005953/en