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Middleby Buys South Korean Manufacturer

The Middleby Corporation has acquired Icetro, a maker of ice, soft serve and slush machines. Icetro has annual sales of approximately $40 million, per a Middleby release.

“Icetro expands our offerings in ice, adding a selection of cubed and flaked machines, while their soft serve and slush machines enhance our existing product lines with a collection of countertop equipment,” said Tim FitzGerald, Middleby CEO. “Icetro soft-serve technology has heat-treat pasteurization capabilities addressing food safety issues while reducing cleaning and labor requirements.”

Icetro’s headquarters is in South Korea and the company’s U.S. operations are based in Anaheim, Calif.