The Middleby Corporation has agreed a deal to acquire the assets and manufacturing facility of Norwich-based Marel’s high speed slicing business unit.
Middleby plans to rebrand the products under the original trademark ‘Thurne’, and will continue to manufacture the broad line of high speed slicers and integrated slicing systems.
Thurne slicing technology includes automated bacon, deli-meat and cheese slicing equipment that provide our customers with a unique solution to reduce labour and increase production throughput, while assuring quality through precise portion control.
The slicing business has annual revenues of approximately £10m.
Selim Bassoul, chairman and CEO of the Middleby Corporation, said: “This acquisition continues our strategy of adding integrated systems to complete total line solutions that we offer to the food processing industries, and enables us to better serve our customers.”
The closing of the transaction is scheduled to take place prior to the end of the first quarter of 2015.
The acquisition is the second that Middleby has made in the past month. It also recently bought Marsal & Sons, a US-based manufacturer of deck ovens that has been trading for more than 45 years.