Middleby Corp. has acquired Ss Brewtech, a manufacturer of professional craft brewing and beverage equipment. Founded in 2013, Ss Brewtech was the first to introduce professional-grade brewing equipment for the small-scale craft brewing industry. Based in Santa Ana, California, the $20 million company will operate as an autonomous business unit within Middleby.
Financial terms of the deal were not disclosed.
“Ss Brewtech provides a best-in-class craft brewing platform, enhancing our current beverage portfolio. Craft brewing, including on-site brewing in bars and restaurants, is growing in popularity and Ss Brewtech is well-positioned to benefit from this trend. The company has developed exclusive technology and a standardized platform allowing operators to install and operate equipment with minimal setup and training, while delivering superior beverage control and quality,” Middleby CEO Tim FitzGerald said in a statement. “Ss Brewtech is a recognized and respected brand offering a differentiated value proposition for operators. We believe there are significant opportunities to leverage existing Middleby customer relationships and global distribution channels for future growth opportunities.”
Middleby Corp. is a global leader in the foodservice equipment industry that reported $2.7 billion in net sales for 2018. The Elgin-based company develops, manufactures, markets and services a broad line of equipment used in the commercial foodservice, food processing, and residential kitchen equipment industries.