Top commercial cooking equipment maker Middleby (MIDD) is spending $380M in cash to buy Viking...

|About: The Middleby Corporation (MIDD)|By:, SA News Editor

Top commercial cooking equipment maker Middleby (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)