Middleby Buys Celfrost's Commercial Refrigeration, Foodservice Products Business
(RTTNews.com) - The Middleby Corp. (MIDD) Tuesday announced the acquisition of the commercial refrigeration and foodservice products business of Gurgaon, India-based Celfrost Innovations Pvt. Ltd.. Celfrost has annual sales of about $20 million.
The Celfrost business was acquired by Middleby's newly established entity in India, Middleby Commercial Food Innovations Pvt. Ltd.
Celfrost is recognized in India as a preferred commercial foodservice equipment supplier. It has a broad line of cold side products such as professional refrigerators, coldrooms, ice machines, and freezers, marketed under the Celfrost brand. It supplies equipment to many fast growing restaurant chains and hotel groups.
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