News

Middleby acquires high speed slicing unit

The Middleby Corporation announced it will acquire the assets and the manufacturing facility of the High Speed Slicing business unit of Marel, which has annual revenues of approximately $15 million USD.

February 24, 2015

The Middleby Corporation announced it will acquire the assets and the manufacturing facility of the High Speed Slicing business unit of Marel, based in Norwich, United Kingdom. The slicing business has annual revenues of approximately $15 million USD.

Middleby will rebrand these products under the original trademark Thurne, and will continue to manufacture the broad line of high speed slicers and integrated slicing systems. Thurne slicing technology includes automated bacon, deli-meat and cheese slicing equipment that provide customers with a solution to reduce labor, increase production throughput, and save on food costs while assuring quality through precise portion control.

"We are excited to add Thurne to our Food Processing portfolio of leading brands. This acquisition continues our strategy of adding integrated systems to complete total line solutions that we offer to the food processing industries, and enables us to better serve our customers," said Selim A. Bassoul, cairman and CEO of The Middleby Corporation, in a company press release.

The closing of the transaction is scheduled to take place prior to the end of the first quarter of 2015.