The Middleby Corp
The Middleby Corporation designs, manufactures, and sells commercial foodservice and food processing equipment through a global independent dealer network and direct National Accounts team. Following 2025-2026 restructuring, it operates as a focused commercial foodservice equipment leader serving QSR chains, restaurants, hotels, and industrial food producers worldwide.
- Company typePublic
- Founded1883
- HeadquartersElgin, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What The Middleby Corp does
The Middleby Corporation (NASDAQ: MIDD), founded in 1883 and headquartered in Elgin, Illinois, is a global manufacturer of commercial foodservice equipment, food processing equipment, and (until February 2026) premium residential kitchen appliances. Following a major 2025-2026 restructuring, Middleby operates as a focused commercial foodservice equipment leader, having sold a 51% controlling interest in its Residential Kitchen business to 26North Partners (forming the Composition Brands JV) and announced the July 2026 spin-off of its Food Processing business as Midera Food Processing, Inc. (Nasdaq: MFP). The company sells through an exclusive independent dealer network complemented by a direct National Accounts team serving global QSR and chain restaurant customers, generating Q1 2026 revenue of $839.9M and full-year 2025 revenue of approximately $3.2B. Commercial foodservice accounts for 73% of revenue at 26-27% segment margins, with a stated path to 30%.
Middleby commercializes a portfolio of 110+ brands across commercial cooking (TurboChef ventless ovens, Blodgett combi ovens, Pitco fryers, Southbend ranges, Middleby Marshall conveyor ovens, EVO griddles), beverage (Marco Beverage, Wild Goose Filling, Deutsche Beverage, Middleby Coffee Solutions), ice and refrigeration (Follett, Icetro, Hoshizaki-adjacent offerings), food preparation (Globe slicers, Varimixer), and IoT (Powerhouse Dynamics platform). Underlying technology spans ventless cooking patents (EVent), robotic cooking automation (automatic pizza saucing), LongWave infrared conveyor oven technology, UVC air purification (Bluezone), proprietary water treatment (TERRY), oil management systems (Filtration Automation), and IoT connectivity enabling remote monitoring and predictive analytics. The Food Processing business being spun off serves industrial protein, bakery, and snack producers with brands including AutoBake, Maurer-Atmos, Alkar, Drake, and recent additions (Oka, Frigomeccanica, Gorreri, JC Ford, GBT GmbH Bakery Technology).
The company monetizes primarily through unit-priced equipment sales routed through dealers (quote-based pricing with starting prices ranging from $2,997 for fryers to $49,049+ for mixers), supplemented by aftermarket parts and service revenue (Middleby First Service, Middleby Advantage). The go-to-market combines channel partner distribution with enterprise field sales targeting QSR chains, convenience stores, hotels, hospitals, stadiums, and universities, with 40,000+ annual visitors to Middleby Innovation Kitchen demonstration centers in Dallas, Munich, and Madrid. Customer segments are organized vertically across Commercial Foodservice Operators, Industrial Food Processors (being separated into Midera), and Premium Residential/Outdoor Cooking (now Composition Brands JV), with 22+ manufacturing and office locations across North America, Europe, and the Asia-Pacific.
The Middleby Corp firmographics
Firmographics- Name
- The Middleby Corp
- Legal name
- The Middleby Corporation
- Website
- https://middleby.com
- Company type
- Public
- Founded year
- 1883
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- The Middleby Corporation designs, manufactures, and sells commercial foodservice and food processing equipment through a global independent dealer network and direct National Accounts team. Following 2025-2026 restructuring, it operates as a focused commercial foodservice equipment leader serving QSR chains, restaurants, hotels, and industrial food producers worldwide.
- Ownership category
- akta.pro rank
The Middleby Corp industry classification
Industry- Product category
- Commercial Foodservice Equipment
- NAICS
- Commercial and Service Industry Machinery Manufacturing (333310), Major Household Appliance Manufacturing (335220), Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers (42362)
- SIC
- Refrigeration & Service Industry Machinery (3580), General Industrial Machinery & Equipment (3560), Household Appliances (3630)
- akta.pro primary industry
- Commercial Cooking Equipment & Parts Wholesale (AFAIALAJ)
- akta.pro secondary industries
- Restaurant & Commercial Kitchen Equipment Wholesale (AFAIALAB), Food Preparation Equipment & Smallwares Wholesale (AFAIALAK)
Keywords
Where The Middleby Corp is headquartered
LocationHeadquarters
- HQ city
- Elgin
- HQ country
- United States
- HQ region
- North America
Offices24 records
Markets served
The Middleby Corp business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Commercial Foodservice Equipment: Manufacture and sale of commercial cooking, refrigeration, beverage, and food preparation equipment through dealer network to restaurants, hotels, hospitals, and foodservice operators. Q4 2025 revenue: $602M. Full year 2024: $2.4B.
- Food Processing Equipment: Industrial protein processing, bakery, and snack processing equipment serving industrial food producers. Revenue grew from $390M (2018) to $850M (2025). Segment being spun off as Midera Food Processing.
- Residential Kitchen Equipment: Premium cooking, refrigeration, and outdoor living brands including Viking, AGA, La Cornue, Kamado Joe, and Lynx sold through specialty retailers and dealers. Sold 51% stake to 26North JV (Composition Brands) for ~$540M cash.
- Aftermarket Parts and Service: Replacement parts, service support, and aftermarket revenue through dealer network and service organizations including Middleby First Service.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Commercial equipment sold via dealer quotes with starting prices listed for reference |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
The Middleby Corp product offering
Product offeringCore offering
The Middleby Corporation designs, manufactures, and sells commercial foodservice equipment, industrial food processing equipment, and (until early 2026) residential kitchen appliances through a portfolio of 110+ brands. Products include commercial cooking equipment (ovens, fryers, grills, ranges, broilers), refrigeration, beverage dispensing, ice machines, food preparation equipment, ventless cooking systems, and IoT-enabled kitchen solutions, sold to restaurants, hotels, hospitals, convenience stores, quick-service chains, and industrial food processors through an independent dealer network and direct national accounts team.
Product overview
The Middleby Corporation is a diversified manufacturer of commercial foodservice equipment, food processing equipment, and residential kitchen appliances. The company operates through multiple business segments: Commercial Foodservice (the largest segment at ~73% of revenue post-restructuring), Food Processing (being spun off as Midera Food Processing), and Residential Kitchen (49% stake held after 26North partnership). The Commercial Foodservice segment offers over 110 trusted brands including Taylor, TurboChef, Blodgett, Pitco, Southbend, Globe, Imperial, Star, Wells, Carter-Hoffmann, Follett, CookTek, EVO, Middleby Marshall, and QualServ. These brands collectively provide a comprehensive portfolio of commercial cooking equipment (fryers, ovens, grills, ranges, broilers, steam cooking, sous vide, toasters), commercial beverage equipment (coffee/espresso, beer dispensers, frozen beverages), commercial ice equipment, refrigeration/freezers, food preparation equipment (mixers, slicers, dough processing), food warming and holding equipment, ventless cooking solutions, robotic cooking automation, and air purification systems. The Food Processing segment (Midera) serves industrial protein, bakery, and snack producers with brands including AutoBake, Maurer-Atmos, Alkar, and Drake. The portfolio emphasizes innovation in automation, labor savings, and kitchen efficiency for restaurant chains, convenience stores, healthcare, hospitality, and industrial food processing operations worldwide.
Differentiator
Problem solved
Functional benefit
Brands
- Taylor: Commercial foodservice equipment including beverage and soft serve products
- TurboChef
- Blodgett
- Jade Range
- AutoBake
- Maurer
- Alkar
- Drake
- Viking
- AGA
- Rangemaster
- La Cornue
- Lynx
- U-Line
- Marvel
- Pitco
- Southbend
- Follett
- Star
- Imperial
- Globe
- Icetro
- Wells
- CookTek
- Carter-Hoffmann
- Middleby Marshall
- Middleby Beverage Group
- Middleby Ice Solutions
- QualServ
Products and services
- Taylor Commercial Foodservice Equipment
- TurboChef High-Speed Ovens
- Blodgett Commercial Ovens
- Pitco Commercial Fryers
- Commercial Cooking Equipment
- Commercial Beverage Equipment
- Commercial Ice Equipment
- Commercial Refrigeration and Freezers
- Food Preparation Equipment
- Ventless Cooking Equipment
- LongWave Infrared Conveyor Oven
- Powerhouse Dynamics IoT Platform
- TERRY Water Treatment Solutions
- Filtration Automation Oil Management Systems
- Bluezone UVC Air Purification Systems
- AutoBake Bakery Processing Equipment
- Alkar Industrial Food Processing Equipment
- Middleby Advantage and Middleby First Service
Quantifiable outcome
- Q1 2026 revenue of $839.9 million beating analyst estimates of $777.71 million by 8%
- +3 more outcomes
Companies that use The Middleby Corp
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
The Middleby Corp technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
The Middleby Corp partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered key and strategic.
- Amy CampbellkeyAmy Campbell named CFO of Food Processing business ahead of Q2 2026 spin-off. Joins from prior CFO roles at REV Group and ASC Engineered Solutions with 23 years of experience at Caterpillar. Completes leadership team led by CEO Mark Salman.
- Jon Taffer / Taffer's TavernstrategicExclusive partnership with Jon Taffer and Taffer's Tavern. Jon Taffer is award-winning hospitality mogul, best-selling author, and executive producer/host of Bar Rescue. Middleby provides exclusive equipment partnership for newly developed tavern concept.
Scale indicators15 records
Recent moves8 records
Expansion highlights7 records
The Middleby Corp competitors and assessment
Company assessmentDirect peers
- Ali Group: Italian-owned global foodservice equipment manufacturer that competes directly with Middleby across cooking, refrigeration, beverage, and food preparation equipment. Ali Group operates a similar multi-brand portfolio model (e.g., Lainox, Hoshizaki-related, Scotsman) and was Middleby's most direct competitor before the Welbilt acquisition. Robert Nerbonne, a Middleby board member, was previously CEO of Ali Group North America.
- Welbilt (acquired by Middleby in 2021): Former standalone public competitor (ticker WBT) that Middleby acquired for $4.3B in 2021. Prior to the acquisition, Welbilt was Middleby's closest direct competitor with brands including Cleveland, Convotherm, Frymaster, Garland, Manitowoc Ice, and Merrychef serving the same commercial foodservice customer base.
- Hoshizaki Corporation: Japanese-headquartered commercial ice machine and refrigeration equipment manufacturer with a strong U.S. presence (Hoshizaki America). Hoshizaki competes directly with Middleby's Follett and Icetro ice brands and with Middleby Marshall's refrigeration offerings in the commercial foodservice channel.
- Manitowoc Company (now Welbilt Ice brands under Middleby): Former foodservice equipment manufacturer that split into Manitowoc Ice and a hotel-focused entity before much of its foodservice business became part of Welbilt (now owned by Middleby). Comparable in product categories including ice machines, cooking, and refrigeration equipment.
- John Bean Technologies (JBT): Public company providing food processing and air transport equipment. JBT's FoodTech segment competes with Middleby's Food Processing business (Midera) in protein processing, freezing, and packaging equipment for industrial food producers.
- Marel hf: Iceland-based global leader in food processing equipment for meat, poultry, fish, and dairy industries. Marel directly competes with Middleby's Midera Food Processing business in industrial protein processing and bakery/snack equipment worldwide.
- Rational AG: German premium combi oven manufacturer that competes with Middleby's Blodgett and TurboChef brands in high-speed and combi oven categories. April Shaw, now VP Combi Sales at Blodgett, previously held roles at Rational and Lainox Combi, illustrating direct competitive overlap in combi oven technology.
Broad incumbents
- Illinois Tool Works (ITW): Diversified industrial manufacturer with a Food Equipment segment that competes with Middleby in cooking, refrigeration, and food preparation equipment. ITW's scale and operating discipline make it a broad incumbent competitor with adjacent overlapping capabilities, though foodservice is only one segment of a much larger diversified business.
- GEA Group: German multinational engineering company specializing in food processing technology, refrigeration, and separation equipment. GEA competes with Middleby in industrial food processing equipment and is a broader incumbent with significantly larger scale in food processing machinery.
- Dover Corporation: Diversified industrial manufacturer with foodservice refrigeration exposure (including the former Hillphoenix and Anthony brands). Dover competes with Middleby's commercial refrigeration and ice portfolio as a broad industrial incumbent with multiple business segments beyond foodservice.
Market position
Strengths6 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
The Middleby Corp social profiles
Digital presenceThe Middleby Corp financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Middleby Corp leadership team
Management profileNumber of profiles
Profiles17 records
The Middleby Corp subsidiaries and ownership
Company hierarchySubsidiaries15 records
The Middleby Corp funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Middleby Corp M&A and investment
M&A and investmentM&A75 records
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Middleby Corp
What does The Middleby Corp do?
The Middleby Corporation designs, manufactures, and sells commercial foodservice equipment, industrial food processing equipment, and (until early 2026) residential kitchen appliances through a portfolio of 110+ brands. Products include commercial cooking equipment (ovens, fryers, grills, ranges, broilers), refrigeration, beverage dispensing, ice machines, food preparation equipment, ventless cooking systems, and IoT-enabled kitchen solutions, sold to restaurants, hotels, hospitals, convenience stores, quick-service chains, and industrial food processors through an independent dealer network and direct national accounts team.
Is The Middleby Corp a public or private company?
The Middleby Corp is a public company. It is classified as public and is currently operating.
When was The Middleby Corp founded?
The Middleby Corp was founded in 1883. It employs 5,001 to 10,000 people.
Where is The Middleby Corp based?
The Middleby Corp is headquartered in Elgin, United States, in the North America region.
How does The Middleby Corp make money?
Four revenue lines are on record. Commercial Foodservice Equipment is the primary driver. The others are food Processing Equipment, residential Kitchen Equipment and aftermarket Parts and Service.
Who are The Middleby Corp's main competitors?
Direct peers on record are Ali Group, Welbilt (acquired by Middleby in 2021), Hoshizaki Corporation, Manitowoc Company (now Welbilt Ice brands under Middleby), John Bean Technologies (JBT), Marel hf and Rational AG. Broad incumbents are Illinois Tool Works (ITW), GEA Group and Dover Corporation.
Does The Middleby Corp have an API?
No public API is recorded for The Middleby Corp.
What industry is The Middleby Corp in?
The Middleby Corp's product category is Commercial Foodservice Equipment. Its primary akta.pro industry code is AFAIALAJ, Commercial Cooking Equipment & Parts Wholesale, with a secondary code of AFAIALAB, Restaurant & Commercial Kitchen Equipment Wholesale. Its NAICS code is 333310 and its SIC code is 3580.