# 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.

- Type: Acquisition
- Announced: 2021-04-21
- Where: United States
- Status: announced
- Products: commercial foodservice equipment
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Middleby Corporation](https://endata.com/companies/3998.md) (acquirer)
- [Welbilt](https://endata.com/companies/22062.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20210421005356/en/The-Middleby-Corporation-to-Acquire-Welbilt-Inc.), 2021-04-21: "The Middleby Corporation and Welbilt, Inc. have entered into a definitive agreement under which Middleby will acquire Welbilt in an all-stock transaction."

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