Top commercial cooking equipment maker Middleby (NASDAQ:MIDD) is spending $380M in cash to buy Viking Range, maker of high-end residential cooking ranges, ovens, and appliances. Middleby claims Viking's products will complement its TurboChef, Jade, and MagiKitchn lines, which are partly sold into the residential market. Viking has ~$200M in annual sales. (PR)
Top commercial cooking equipment maker Middleby (NASDAQ:MIDD) is spending $380M in cash to buy...
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The Middleby Corporation |