Middleby to acquire Welbilt in all-stock transaction

The Middleby Corporation will acquire Welbilt, Inc. in an all-stock deal, creating a combined company with approximately $3.7 billion in 2020 sales. The transaction is expected to generate $120 million in operational improvements.

“The Middleby Corporation and Welbilt, Inc. have entered into a definitive agreement under which Middleby will acquire Welbilt in an all-stock transaction.”businesswire.com

• 1 source
• businesswire.comThe Middleby Corporation to Acquire Welbilt, Inc.Darcy BretzApr 21, 2021

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