Middleby Acquires GBT GmbH Bakery Technology

ELGIN, Ill.–(BUSINESS WIRE)–The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of GBT GmbH Bakery Technology (GBT). Based in Lünen, Germany, the company has expertise in engineering and manufacturing high-grade industrial baking and bread lines. Annual revenues are approximately €10 million. “GBT customizable equipment highly complements our existing bakery brands and allows us to strengthen our European presence in large scale baking,” said Tim FitzGerald, CEO of Middleb

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