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December 22, 2020updated 23 Dec 2020 5:27pm

Middleby acquires Chinese equipment firm United Foodservice

American foodservice equipment provider The Middleby has acquired China-based United Foodservice Equipment Group for an undisclosed amount.

American foodservice equipment provider The Middleby has acquired China-based United Foodservice Equipment Group for an undisclosed amount.

The acquired company specialises in the design, manufacture, and supply of countertop commercial foodservice equipment and recently reported $10m in annual revenues.

Founded in 2001, United operates under the brand name Thor.

Middleby CEO Tim FitzGerald said the acquisition bolsters the company’s capabilities in a key global location and high-demand market.

FitzGerald said: “We expect continued growth in Asia and this acquisition strengthens our capabilities to best serve customers in this region and worldwide.

“United brings an existing, well-known line of cooking equipment along with well-established design and manufacturing capabilities to Middleby. This complements our existing footprint while broadening our offerings in targeted growth markets.”

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Middleby Group East Asia and China president George Koether added: “This addition allows us to immediately expand our offerings in China while also accelerating new product introductions into this receptive market.”

In December 2019,  Middleby closed the acquisition of US-based semi-automatic espresso machines maker Synesso.

In April last year, the company purchased Powerhouse Dynamics, a provider of Cloud-based internet of things (IoT) solutions for foodservice firms.

It also acquired ventless cooking equipment manufacturer EVO America and Standex International’s Cooking Solutions Group (CSG) the same year.

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