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15.08.25 - 17:21
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Cloud Kitchen Food Service Equipment Markets, 2021-2024 & 2025-2031 | Competitive Analysis of The Middleby Corp, Electrolux, Illinois Tool Works, Dover, Hoshizaki , Ali Group, Duke Manufacturing - ResearchAndMarkets.com (Business Wire)
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DUBLIN--(BUSINESS WIRE)--The "Global Cloud Kitchen Food Service Equipment Market (2025 Edition): Analysis By Equipment Type, By End-User, By Kitchen Type, By Region, By Country: Market Insights and Forecast (2021-2031)" report has been added to ResearchAndMarkets.com's offering.
The Global Cloud Kitchen Food Service Equipment market showcased growth at a CAGR of 13.56% during 2021-2024. The market was valued at USD 59.56 Billion in 2024 which is expected to reach USD 152.17 Billion in 2031. This report provides a complete analysis for the historical period of 2021-2024, the estimates of 2025 and the forecast period of 2026-2031.
The Cloud Kitchen Food Service Equipment Market is operating and growing rapidly, driven by a convergence of technological innovation, evolving consumer preferences, and strategic economic factors. At its core, this market encompasses a wide array of equipment specifically designed to enhance the efficiency, safety, and scalability of cloud kitchens - facilities that prepare food...
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13.08.25 - 14:36
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Middleby Acquires Oka-Spezialmaschinenfabrik GmbH & Co. KG (Business Wire)
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Acquisition Expands Food Processing Portfolio and Full-Line Solutions for Bakery BusinessELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment solutions for commercial foodservice, food processing, and residential kitchens, today announced the acquisition of Oka-Spezialmaschinenfabrik GmbH & Co. KG (Oka), expanding its portfolio of Middleby Food Processing equipment innovations. Oka is a leading designer and manufacturer of industrial extrusion, molding, depositing and cutting industrial production equipment in bakery, confectionery and pet-food markets. Based in Darmstadt, Germany, the company has annual revenues of $12 million.
“Oka is a perfect complement and strategic fit, adding important product categories to our solutions for bakery customers. Oka is known for its advanced engineering capabilities, with an ability to provide unique and high-value customer-driven solutions,” said Tim FitzGerald, Middleby CEO. “We expect meaningful ...
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06.08.25 - 16:18
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Stock Market Live August 6: Mostly Positive Earnings Reports Push S&P 500 (VOO) Higher Wednesday (24/7 Wall St.)
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Live Updates Live Coverage Updates appear automatically as they are published. Middleby Flames Out 10:08 am Earnings news continues to roll in. Next up: Commercial kitchen equipment giant Middleby (Nasdaq: MIDD) earned $2.35 in Q2, six cents better than expected. Revenue came in a bit short at $977.9 million however, and guidance looks weak: $2.04 […]
The post Stock Market Live August 6: Mostly Positive Earnings Reports Push S&P 500 (VOO) Higher Wednesday appeared first on 24/7 Wall St.....
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06.08.25 - 13:03
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The Middleby Corporation Reports Second Quarter Results (Business Wire)
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Operating income of $155 million as compared to $176 million in prior year
Adjusted EBITDA of $200 million as compared to $216 million in prior year
Repurchased 3.1 million of common shares through July for $448.9 million, or 5.7% of equity
Operating cash flows of $122 million for the quarter and $263 million year to date
Net leverage at 2.3x
Initiates third quarter and full year 2025 guidance
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net earnings for the second quarter of 2025.
Tim FitzGerald, CEO of The Middleby Corporation said, “Our second quarter results reflect the economic uncertainty our customers continue to navigate in key end markets. Despite these headwinds, I'm proud of our team's continued execution in areas within our control. We're delivering strong operational performance, gaining market share with new product l...
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01.08.25 - 13:06
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Middleby Acquires Frigomeccanica S.p.A (Business Wire)
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Acquisition Expands Food Processing Portfolio and Full-Line Solutions for CustomersELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today announced the acquisition of Frigomeccanica S.p.A, expanding its portfolio of Middleby Food Processing equipment innovations. Frigomeccanica is a global leader in equipment solutions for drying, defrosting, fermentation, refrigeration and preservation used in the food processing industry. Based in Parma, Italy, the company has annual revenues of $30 million.
The acquisition enhances Middleby offerings of full-line solutions to customers, particularly for the growing protein industry. Frigomeccanica serves categories where Middleby is currently expanding, including dried meats, cured ham and ready-to-eat foods.
“Frigomeccanica brings complementary product expertise and extensive engineering capabilities to our food pro...
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28.07.25 - 13:06
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Middleby Schedules Second Quarter Earnings Release and Conference Call (Business Wire)
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ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2025 second quarter earnings on Wednesday, August 6 at 7 a.m. Eastern Time. The company has scheduled a conference call to discuss the results at 11 a.m. Eastern Time on August 6. The call is accessible through the Investor Relations section of the company website at www.middleby.com. If website access is not available, attendees can join the conference through the domestic dial-in 1-844-676-5090 or international access 1-412-634-6754.
ABOUT THE MIDDLEBY CORPORATION
The Middleby Corporation is a global leader in the foodservice industry. The company develops and manufactures a broad line of solutions used in commercial foodservice, food processing, and residential kitchens. Middleby showcases its advanced solutions in the Middleby Innovation Kitchens for commercial foodservice, industrial baking and protein Innovation Centers for food processing and in award-winning Middleby Residential showrooms.
For more information abo...
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