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Middleby to Manufacture and Market Thurne Slicer Line

The Middleby Corporation (NASDAQ:MIDD) will acquire the assets and the manufacturing facility of Marel's high speed slicing business unit, based in Norwich, United Kingdom. The slicing business has annual revenues of approximately $15 million, according to a Middleby release.

Middleby will rebrand these products under the original trademark Thurne, and will continue to manufacture the broad line of high speed slicers and integrated slicing systems. Thurne slicing technology includes automated bacon, deli-meat and cheese slicing equipment.