# MIDDLEBY Corp

Summary updated: 2026-10-02T13:13:48.257394Z
Canonical: https://finbar.com/research/companies/middleby-corp

## Overview

The Middleby Corporation is a manufacturer of commercial foodservice and food-processing equipment. Its products include commercial kitchen equipment such as ovens, ranges, fryers, refrigeration and ventilation systems, as well as integrated cooking, preparation, automation and packaging equipment for food producers. [1](https://app.finbar.com/go?id=P9249745)[2](https://app.finbar.com/go?id=P66181553)[3](https://app.finbar.com/go?id=P116096449) Its fiscal 2025 reporting describes Commercial Foodservice and Food Processing as its operating segments. [4](https://app.finbar.com/go?id=T5255665)

For the fiscal year ended January 3, 2026, Middleby reported approximately $3.2 billion in net sales. [5](https://app.finbar.com/go?id=T1674663) Its sales span North America, Asia, Europe and the Middle East, and Latin America. [6](https://app.finbar.com/go?id=T360822) The company website lists 6,000 worldwide employees and 48 global locations. [7](https://www.middleby.com/company-overview/) Its careers site describes a purpose of providing exceptional products and services to customers and making a positive impact in communities. [8](https://www.middleby.com/careers/)
[1](https://app.finbar.com/go?id=P9249745)[2](https://app.finbar.com/go?id=P66181553)[3](https://app.finbar.com/go?id=P116096449)[4](https://app.finbar.com/go?id=T5255665)[5](https://app.finbar.com/go?id=T1674663)[6](https://app.finbar.com/go?id=T360822)[6](https://app.finbar.com/go?id=T360822)[6](https://app.finbar.com/go?id=T360822)[6](https://app.finbar.com/go?id=T360822)[7](https://www.middleby.com/company-overview/)[8](https://www.middleby.com/careers/)[7](https://www.middleby.com/company-overview/)[8](https://www.middleby.com/careers/)

## Products & services

Middleby’s Commercial Foodservice products cover cooking, baking, warming, holding, refrigeration, freezing and beverage preparation. Examples include conveyor, combi, convection and high-speed ovens; ranges, fryers, steam equipment, rethermalizers, charbroilers, induction equipment, griddles and toasters; refrigeration, blast chillers, ice machines and freezers; and coffee, beverage-dispensing and brewing equipment. Its commercial brands include TurboChef, Pitco, Blodgett, Middleby Marshall, CookTek, Follett and Wunder-Bar, among others. [9](https://app.finbar.com/go?id=P27317953)[1](https://app.finbar.com/go?id=P9249745)[10](https://app.finbar.com/go?id=P112757422)[11](https://app.finbar.com/go?id=P100054612) Newer products cited by management include Fizz, an automated beverage machine, and Gravity, a beverage product undergoing customer testing and approval. Middleby’s Gravity Beverage Fountain System is described as using IoT and real-time sales information to support menu decisions and reduce sellouts and labor; its Newton CFV brand information also describes controls for beverage flow, pressure and ratio. [12](https://app.finbar.com/go?id=P156100567)[13](https://www.middleby.com/ki-winners-2025/)[14](https://www.middleby.com/brands/newton-cfv/)

Middleby also provides equipment installation, start-up, warranty and repair services through a technical-service group, supported by trained technicians and, on large projects, supervised third-party technicians. [15](https://app.finbar.com/go?id=P98562554) Its FY2025 report described a Food Processing portfolio that included mixers, ovens, frying and thermal-processing systems, and equipment for grinding, slicing, forming, battering, breading, cooling, freezing and packaging food. That business was spun off on July 6, 2026, and these products should therefore be understood as part of the former portfolio, not the current Middleby segments. [16](https://app.finbar.com/go?id=P41830533)[3](https://app.finbar.com/go?id=P116096449)[17](https://app.finbar.com/go?id=P156100515)

In Q2 2026, before the spin-off, Commercial Foodservice represented 72.0% of consolidated sales and Food Processing 28.0%; these are segment-level, not individual-product percentages. [18](https://app.finbar.com/go?id=T17999597)
[9](https://app.finbar.com/go?id=P27317953)[1](https://app.finbar.com/go?id=P9249745)[10](https://app.finbar.com/go?id=P112757422)[11](https://app.finbar.com/go?id=P100054612)[12](https://app.finbar.com/go?id=P156100567)[13](https://www.middleby.com/ki-winners-2025/)[14](https://www.middleby.com/brands/newton-cfv/)[15](https://app.finbar.com/go?id=P98562554)[16](https://app.finbar.com/go?id=P41830533)[3](https://app.finbar.com/go?id=P116096449)[17](https://app.finbar.com/go?id=P156100515)[18](https://app.finbar.com/go?id=T17999597)[18](https://app.finbar.com/go?id=T17999597)[13](https://www.middleby.com/ki-winners-2025/)[14](https://www.middleby.com/brands/newton-cfv/)

## Geographic presence

For fiscal 2025, ended January 3, 2026, Middleby reported revenue of $3,201.2 million by customer geography: United States and Canada, $2,159.8 million (67.5%); Europe and the Middle East, $631.4 million (19.7%); Asia, $248.9 million (7.8%); and Latin America, $161.0 million (5.0%). Percentages are calculated from the reported regional figures; the filing combines the United States and Canada. [19](https://middlebycorporation.gcs-web.com/static-files/ee04e9a4-24f1-465d-8e17-294f834c57a4)

Middleby’s listed principal operating properties span the United States and Canada, as well as Australia, China, Denmark, Estonia, Ireland, Italy, Mexico, the Philippines, Poland, South Korea, Spain, and the United Kingdom. The properties include manufacturing, warehousing, and office locations, and not every listed site is a manufacturing facility. [19](https://middlebycorporation.gcs-web.com/static-files/ee04e9a4-24f1-465d-8e17-294f834c57a4)
[19](https://middlebycorporation.gcs-web.com/static-files/ee04e9a4-24f1-465d-8e17-294f834c57a4)

## Business segments

Middleby reports two business segments. Commercial Foodservice focuses on commercial kitchen equipment, including cooking and baking, refrigeration and ice-making, frozen-dessert, coffee and beverage equipment, as well as ventilation and controls. It generated $2.351 billion, approximately 73.4% of FY2025 net sales. Food Processing supplies integrated equipment for protein and bakery producers, covering processing, preparation, handling, cooking and baking, cooling and freezing, food safety, and packaging. It generated $850 million, approximately 26.6% of FY2025 net sales. [FY2025 sales mix is calculated from reported segment sales and total net sales.]
[1](https://app.finbar.com/go?id=P9249745)[2](https://app.finbar.com/go?id=P66181553)[3](https://app.finbar.com/go?id=P116096449)[4](https://app.finbar.com/go?id=T5255665)[4](https://app.finbar.com/go?id=T5255665)[4](https://app.finbar.com/go?id=T5255665)

## Company history

Middleby’s roots date to 1888, when Middleby Marshall Oven Company began making baking ovens; secondary historical accounts name Joseph Middleby and John Marshall as founders. In 1983, publicly traded TMC Industries acquired Middleby Marshall, and in 1985 TMC changed its name to The Middleby Corporation. [20](https://app.finbar.com/go?id=P96585659)[21](https://www.company-histories.com/The-Middleby-Corporation-Company-History.html)

The company expanded beyond its oven origins through a series of acquisitions. It acquired rapid-cook oven maker TurboChef in 2009, then entered residential appliances with its 2012 acquisition of Viking Range. In 2018, it completed the acquisition of Taylor Company, broadening its commercial foodservice equipment portfolio. [22](https://middlebycorporation.gcs-web.com/static-files/c6629511-6d87-4161-baaf-00c4a7803f73)[23](https://investors.middleby.com/news-releases/news-release-details/middleby-corporation-acquires-viking-range-corporation)[24](https://www.middleby.com/newsroom/the-middleby-corporation-reports-second-quarter-results/)

A leadership transition followed in 2019: Selim Bassoul retired as chairman, president and CEO, and Timothy FitzGerald became CEO, while Gordon O’Brien became board chair. Middleby continued extending its portfolio through acquisitions, including Frigomeccanica and Oka in 2025. In 2026, it completed the sale of a 51% stake in its Residential Kitchen business to 26North, retaining a 49% interest. [25](https://www.middleby.com/newsroom/the-middleby-corporation-announces-bassoul-retirement-fitzgerald-named-ceo/)[26](https://app.finbar.com/go?id=P17939987)[27](https://www.middleby.com/newsroom/middleby-acquires-frigomeccanica-s-p-a/)[28](https://www.middleby.com/newsroom/middleby-acquires-oka-spezialmaschinenfabrik-gmbh-co-kg/)[29](https://www.middleby.com/newsroom/middleby-announces-completion-of-transaction-to-sell-51-stake-in-residential-kitchen-business-to-26north/)
[20](https://app.finbar.com/go?id=P96585659)[26](https://app.finbar.com/go?id=P17939987)[21](https://www.company-histories.com/The-Middleby-Corporation-Company-History.html)[22](https://middlebycorporation.gcs-web.com/static-files/c6629511-6d87-4161-baaf-00c4a7803f73)[23](https://investors.middleby.com/news-releases/news-release-details/middleby-corporation-acquires-viking-range-corporation)[24](https://www.middleby.com/newsroom/the-middleby-corporation-reports-second-quarter-results/)[25](https://www.middleby.com/newsroom/the-middleby-corporation-announces-bassoul-retirement-fitzgerald-named-ceo/)[27](https://www.middleby.com/newsroom/middleby-acquires-frigomeccanica-s-p-a/)[28](https://www.middleby.com/newsroom/middleby-acquires-oka-spezialmaschinenfabrik-gmbh-co-kg/)[29](https://www.middleby.com/newsroom/middleby-announces-completion-of-transaction-to-sell-51-stake-in-residential-kitchen-business-to-26north/)

## Sources

1. [MIDDLEBY Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P9249745)
2. [MIDDLEBY Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P66181553)
3. [MIDDLEBY Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P116096449)
4. [MIDDLEBY Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=T5255665)
5. [MIDDLEBY Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=T1674663)
6. [MIDDLEBY Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=T360822)
7. [www.middleby.com](https://www.middleby.com/company-overview/)
8. [www.middleby.com](https://www.middleby.com/careers/)
9. [MIDDLEBY Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P27317953)
10. [MIDDLEBY Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P112757422)
11. [MIDDLEBY Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P100054612)
12. [MIDDLEBY Corp — Transcript (2026 Q 2)](https://app.finbar.com/go?id=P156100567)
13. [www.middleby.com](https://www.middleby.com/ki-winners-2025/)
14. [www.middleby.com](https://www.middleby.com/brands/newton-cfv/)
15. [MIDDLEBY Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P98562554)
16. [MIDDLEBY Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P41830533)
17. [MIDDLEBY Corp — Transcript (2026 Q 2)](https://app.finbar.com/go?id=P156100515)
18. [MIDDLEBY Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T17999597)
19. [middlebycorporation.gcs-web.com](https://middlebycorporation.gcs-web.com/static-files/ee04e9a4-24f1-465d-8e17-294f834c57a4)
20. [MIDDLEBY Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P96585659)
21. [www.company-histories.com](https://www.company-histories.com/The-Middleby-Corporation-Company-History.html)
22. [middlebycorporation.gcs-web.com](https://middlebycorporation.gcs-web.com/static-files/c6629511-6d87-4161-baaf-00c4a7803f73)
23. [investors.middleby.com](https://investors.middleby.com/news-releases/news-release-details/middleby-corporation-acquires-viking-range-corporation)
24. [www.middleby.com](https://www.middleby.com/newsroom/the-middleby-corporation-reports-second-quarter-results/)
25. [www.middleby.com](https://www.middleby.com/newsroom/the-middleby-corporation-announces-bassoul-retirement-fitzgerald-named-ceo/)
26. [MIDDLEBY Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P17939987)
27. [www.middleby.com](https://www.middleby.com/newsroom/middleby-acquires-frigomeccanica-s-p-a/)
28. [www.middleby.com](https://www.middleby.com/newsroom/middleby-acquires-oka-spezialmaschinenfabrik-gmbh-co-kg/)
29. [www.middleby.com](https://www.middleby.com/newsroom/middleby-announces-completion-of-transaction-to-sell-51-stake-in-residential-kitchen-business-to-26north/)

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