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The Middleby Corporation Announces Acquisition of Drake
December 2, 2011
The Middleby Corporation today announced that it has acquired the F.R. Drake Company. The addition of this brand complements and further strengthens Middleby’s food processing equipment platform.
Selim A. Bassoul, Chairman and CEO commented, “Drake is a globally recognized brand with a market leadership position. Drake’s highly automated loading equipment allows food processing operators to increase throughput and at the same time lower operating costs due to reduced labor. Alongside Middleby’s other unique processing technologies, the Drake loading equipment allows Middleby to provide a fully integrated and comprehensive solution to our customers.”
Read the release, PDF