Middleby: Expands Offerings in Packaging Innovation

Elgin / IL. (tmc) The Middleby Corporation announced the acquisition of CP Packaging, a manufacturer of advanced high-speed vacuum packaging equipment. Based in Wisconsin, CP Packaging has annual sales of approximately USD 15 million. «CP Packaging is a leading innovator of horizontal form-fill and seal thermoforming equipment. The CP Packaging systems provide customers with industry leading sanitation, faster production throughput and reduced operating costs. This acquisition further expands upon our ability to provide customers with integrated full-line solutions, while significantly strengthening the packaging equipment offerings in our food processing portfolio,» said Tim FitzGerald, Middleby CEO. «There are meaningful synergies amongst our packaging brands and our food processing platform, as we leverage our long-standing customer relationships, established global distribution and manufacturing capabilities.»