# Middleby to acquire Standex Cooking Solutions Group for $100M

The Middleby Corporation has entered into a definitive agreement to acquire the Cooking Solutions Group of Standex International Corporation, which posted revenues of approximately $100 million last year. The acquisition includes brands such as Ultrafryer, APW Wyott, Bakers Pride and BKI.

- Type: Acquisition
- Announced: 2019-02-27
- Where: Allen, Texas, United States
- Value: $100.0M
- Status: announced
- Products: combination and convection ovens, fryers, ranges, food merchandisers, warmers
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Middleby Corporation](https://endata.com/companies/3998.md) (acquirer)
- [Standex International](https://endata.com/companies/10200.md) (target)
- [Powerhouse Dynamics](https://endata.com/companies/38434.md) (target)

## Sources

- [fcsi.org](https://www.fcsi.org/foodservice-consultant/worldwide/middleby-buys-cooking-division-standex/), 2019-03-01: "The Standex cooking brands are well recognized and respected in the foodservice industry."
- [refrigeratedfrozenfood.com](https://www.refrigeratedfrozenfood.com/articles/96927-middleby-acquires-powerhouse-dynamics), 2019-04-02: "This acquisition significantly enhances Middleby's IoT capabilities and expands the offerings to our customers, as they evolve the management of their operations through remote, connected and data driven solutions."
- [dailyherald.com](https://www.dailyherald.com/20190402/business/middleby-acquires-powerhouse-dynamics/), 2019-04-02: "This acquisition significantly enhances Middleby's IoT capabilities and expands the offerings to our customers as they evolve the management of their operations through remote, connected and data driven solutions"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.