Middleby Corporation: Acquires M-TEK

Elgin / IL. (tmc) The Middleby Corporation, a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, announced the acquisition of M-TEK Corporation, a leading manufacturer of Modified Atmosphere Packing (MAP) systems. The company is based in Elgin, Illinois, and has approximately USD 10 million in annual revenues. «M-TEK is a best-in-class manufacturer of Modified Atmosphere Packaging equipment that will allow us to further expand our packaging solutions and capabilities within our industrial food processing group», said Selim A. Bassoul, Chairman and CEO of The Middleby Corporation. «M-TEK is a highly respected name in the industry and the acquisition allows us to expand their offerings globally into new markets, growing our worldwide presence». M-TEK has been an industry leader in the development of Modified Atmosphere Packaging (MAP) systems. The MAP process removes the oxygen content from inside of a package to improve the shelf life of food. M-TEK offers a range of single, multiple and continuous operating models.

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