The Middleby has acquired M-TEK C, a major manufacturer of Modified Atmosphere Packing (MAP) systems.
Image: Middleby has acquired modified atmosphere packing systems provider M-TEK. Photo: courtesy of rawpixel / Unsplash.
The company is based in Elgin of Illinois, and has approximately $10m in annual revenues.
The Middleby chairman Selim Bassoul said: “M-TEK is a best-in-class manufacturer of Modified Atmosphere Packaging equipment that will allow us to further expand our packaging solutions and capabilities within our industrial food processing group.
“M-TEK is a highly respected name in the industry and the acquisition allows us to expand their offerings globally into new markets, growing our worldwide presence.”
M-TEK has been an industry leader in the development of modified atmosphere packaging (MAP) systems.
The MAP process removes the oxygen content from inside of a package to improve the shelf life of food. M-TEK offers a range of single, multiple and continuous operating models.
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, Bear Varimixer, Beech, Blodgett, Blodgett Combi, Blodgett Range, Bloomfield, Britannia, Carter-Hoffmann, Celfrost, Concordia and CookTek.
Source: Company Press Release