Middleby Acquires Colussi Ermes, Enhances Automation and Food Safety Solutions
The Middleby Corporation (MIDD)
Last the middleby corporation earnings: 2/26 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=85145&p=irol-irhome
Company Research
Source: Business Wire
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Colussi Ermes, a leading worldwide manufacturer of automated washing solutions for the food processing industry. Located in Pordenone, Italy the company has approximately $50 million in annual revenues.“Colussi Ermes is a highly respected, global leader directly addressing food safety and sanitation, a top priority across the entire food processing industry,” said Tim FitzGerald, Middleby CEO. “Colussi has the broadest offerings of automated washing solutions, covering a wide array of applications. Their washing solutions are in demand due to technology that reduces labor needs, decreases water and energy usage, minimizes chemical use and operates in a small footprint. The Colussi washing systems complement our existing food processing solutions and are incorporated in many of our current customer projects. This acquisition will support a significant opportunity for collaborati
Show less
Read more
Impact Snapshot
Event Time:
MIDD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MIDD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MIDD alerts
High impacting The Middleby Corporation news events
Weekly update
A roundup of the hottest topics
MIDD
News
- Middleby Corporation's TurboChef Selects LeanDNA to Provide Visibility into Production Readiness and Shortage Management [Yahoo! Finance]Yahoo! Finance
- BetterInvesting™ Magazine Update The Middleby Corp. and UnitedHealth GroupPR Newswire
- $1.4 Million Homes in North Carolina, Idaho and Connecticut [The New York Times]The New York Times
- Global Barbeque Grill Market Size To Exceed USD 8.15 Billion By 2033 | CAGR Of 4.8% [Yahoo! Finance]Yahoo! Finance
- A Former Apple CEO's Onetime Northern California Estate Hits the Market for $23 Million [Yahoo! Finance]Yahoo! Finance
MIDD
Earnings
- 2/20/24 - Beat
MIDD
Sec Filings
- 4/10/24 - Form SC
- 3/29/24 - Form DEFA14A
- 3/29/24 - Form DEF
- MIDD's page on the SEC website