Press release
Middleby Acquires Filtration Automation Inc.
ELGIN, Ill.--(BUSINESS WIRE)-- The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Filtration Automation Inc., known for Micron-Pro
About this update from The Middleby Corporation
[{"type":"text","content":" ELGIN, Ill.--(BUSINESS WIRE)--\nThe Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Filtration Automation Inc., known for Micron-Pro brand high capacity oil management systems. Based in Mansfield, Texas, the company’s innovative and patented technologies are used for poultry, fish, and snacks applications. Filtration Automation has annual revenues of approximately $10 million.\n\n\n“Micron-Pro is the leader in oil filtration technology providing customers with substantial savings on oil, while enhancing the consistency of food quality,” said Tim FitzGerald, Middleby CEO. “The Micron-Pro patented, continuous filtration technology gives operators labor savings, improved fryer performance and significant opportunities for cost savings. We are excited about the addition of this innovation to our food processing portfolio, which will allow us to extend our frying system offerings, while continuing to further our strategy of providing best-in-class automated full-line solutions.”\n\n\nThe Filtration Automation Micron-Pro high-volume, low pressure oil debris removal system is a patented process. Data from real-time usage in the field indicates the Micron-Pro patented process can be twice as effective as other similar systems with no downtime needed for oil changes. Oil life can be extended up to 200% with no consumables required for operation, resulting in reduced input costs, labor savings and increased throughput.\n\n\nLearn more about Filtration Automation and Micron-Pro by visiting micronpro.com.\n\n\nABOUT THE MIDDLEBY CORPORATION\n\n\nThe 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. Supporting the company’s pursuit of the most sophisticated innovation, the state-of-the-art Middleby Innovation Kitchens showcases and demonstrates the most advanced Middleby solutions. In 2022 Middleby was named a World’s Best Employer by Forbes and is a proud philanthropic partner to organizations addressing food insecurity.\n\n\nFor more information about The Middleby Corporation and the company brands, please visit www.middleby.com.\n\nView source version on businesswire.com: https://www.businesswire.com/news/home/20230612031119/en/\n\nDarcy Bretz, Director of Cor...