The Middleby Corporation has acquired EVO America, a leading design and manufacturer of ventless cooking equipment.
Based near Portland in Oregon, the firm has approximately £6m in annual revenues with Middleby hoping the move will expand its reach further and allow customers to minimise some restrictions.
Selim Bassoul, chairman and CEO of the Middleby Corporation, said: “The EVO acquisition further adds to our expanding portfolio of ventless cooking solutions. We see a growing demand for diversity in ventless cooking options as operators understand the significant costs associated with the installation of traditional ventilation.
He added: “Additionally, customers are increasingly in search of solutions that minimise restrictions imposed by externally vented hoods and duct work, as they cook in non-traditional locations and add new equipment to existing kitchens.”
Bassoul went on to describe how he sees EVO’s patented technology as something which could add growth in the future.
He explained: “EVO has a patented ventless technology that can be incorporated into innovative designs that will provide our customers with a smaller footprint and greater flexibility. We believe there is strong growth potential as we integrate the EVO technology with other Middleby brands and cooking solutions and introduce EVO to Middleby’s sales and distribution channels.”
Last month, Middleby added around £16m in revenue after purchasing steam and kettle cooking pioneer, Crown.
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