Middleby announced the acquisition of GBT Bakery Technology, or GBT. Based in Lunen, Germany, the company has expertise in engineering and manufacturing high-grade industrial baking and bread lines. Annual revenues are approximately EUR 10M.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on MIDD:
- Middleby price target raised to $160 from $140 at Jefferies
- Middleby price target raised to $175 from $152 at KeyBanc
Questions or Comments about the article? Write to editor@tipranks.com