Middleby acquires Oka-Spezialmaschinenfabrik GmbH

Published 2 months ago Negative
Middleby acquires Oka-Spezialmaschinenfabrik GmbH
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* The Middleby Corporation (NASDAQ:MIDD [https://seekingalpha.com/symbol/MIDD]) announced [https://seekingalpha.com/pr/20199407-middleby-acquires-oka-spezialmaschinenfabrik-gmbh-and-co-kg] on Wednesday the acquisition of Oka-Spezialmaschinenfabrik GmbH & Co, expanding its portfolio of Middleby Food Processing equipment innovations.
* Oka is a designer and manufacturer of industrial extrusion, molding, depositing, and cutting industrial production equipment in bakery, confectionery, and pet-food markets.
* Based in Darmstadt, Germany, the company has annual revenues of $12 million.
* Middleby (NASDAQ:MIDD [https://seekingalpha.com/symbol/MIDD]) shares were up more than 8% in premarket trading.

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