News

Middleby Corp. acquires Concordia Coffee Company

September 9, 2014

The Middleby Corporation announced it has acquired Concordia Coffee Company Inc., a manufacturer of automated and self-service coffee and espresso machines serving the commercial foodservice industry.

Concordia's products serve the c-store, hotel, restaurant and institutional industries. The company is located in Seattle and has approximately $15 million in annual revenues, according to a press release.

"The acquisition of Concordia expands and complements Middleby's growing portfolio of brands and innovative equipment solutions serving the beverage category," Middleby CEO Selim A. Bassoul said in the release. "Coffee is an important and profitable category for many of our customers. Concordia has a rich history of innovation, technology, and passion for great coffee. The fully automated espresso machines of Concordia provide for thousands of beverage combinations that are served with consistency and speed, while at the same time providing for the highest beverage quality.”

Concordia is expected to launch a new product in the upcoming months, called the Ascent, which brews single-cup coffee with zero waste, Bassoul added.