The Middleby Corporation has purchased Zhuhai Guangdong China-based United Foodservice Equipment Group. The company designs and manufactures countertop commercial foodservice equipment under the Thor brand name. United had annual revenues of approximately $10 million, per a release announcing the deal.
“We expect continued growth in Asia and this acquisition strengthens our capabilities to best serve customers in this region and worldwide,” says Tim FitzGerald, Middleby CEO. “United brings an existing, well-known line of cooking equipment along with well-established design and manufacturing capabilities to Middleby. This complements our existing footprint while broadening our offerings in targeted growth markets.”