The Middleby Corporation
middleby.comWhat Do They Do?
Sells commercial kitchen cooking, refrigeration and beverage equipment to restaurants, retailers and institutions.
10-K for FY2025, filed Mar 4, 2026
Who Are Their Customers?
Restaurants, retailers, hotels and institutions typically buy through independent dealers and distributors; some large restaurant chains purchase directly through their own procurement organizations.
10-K for FY2025, filed Mar 4, 2026
How Are They Changing?
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Sep 9, 2026
Will discontinue its Brewing & Distilling Solutions Group
The wind-down is expected to be substantially complete by year-end; the group represented $24 million of 2025 net sales.
Sources
8-K, filed Sep 9, 2026
In 2025, the Brewing Group represented $24 million of the company’s net sales with an approximate loss of $9 million in adjusted EBITDA(1)…View ↗
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Aug 11, 2026
Raised full-year 2026 guidance
The company set net sales expectations of $2.48-2.53 billion and adjusted EBITDA expectations of $572-588 million.
Sources
8-K, filed Aug 11, 2026
Net sales $620-$640 M $2.48-2.53 BView ↗
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Jul 6, 2026
Completed the Food Processing spin-off
Middleby has no ownership interest in Midera, which became a separate publicly traded company.
Sources
8-K, filed Jul 6, 2026
On July 6, 2026, The Middleby Corporation (the “Company”) completed its spin-off of Midera Food Processing, Inc., a Delaware corporation…View ↗
Residential kitchen equipment
The earlier report included residential kitchen equipment as a business segment. The latest report says Middleby sold a controlling stake into a standalone joint venture and retained an ownership interest; the business is reported as discontinued operations.
10-K for FY2022, filed Mar 1, 2023 10-K for FY2025, filed Mar 4, 2026On December 4, 2025, the company entered into a partnership interest purchase agreement to sell a 51% stake in its Residential Kitchen…View ↗
The Residential Transaction was completed on February 2, 2026. Following the close of the Residential Transaction, the company owns a 49%…View ↗
The results of the Residential Kitchen Equipment Group are presented as discontinued operations in the company’s Consolidated Financial…View ↗
Who Do They Compete With?
Competes with Ali Group, Duke Manufacturing, AB Electrolux, Haier Group, Hoshizaki America, Illinois Tool Works, Berkshire Hathaway, Midea Group, Panasonic, Rational, SMEG, AMF Bakery Systems, Duravant, GEA Group, JBT Marel, and ProMach
10-K for FY2025, filed Mar 4, 2026The company believes that it is one of the largest multiple-line manufacturers of commercial kitchen and food processing equipment in the…View ↗
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